Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KLR | Common Stock | Award | $0 | +70K | +5.74% | $0.00 | 1.29M | Feb 9, 2022 | Direct | F1, F2, F3 |
Id | Content |
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F1 | Subject to the Reporting Person's continued service to the Issuer, the Restricted Stock Units ("RSUs") vest in sixteen quarterly installments, beginning on May 1, 2022 and ending on February 1, 2026. |
F2 | Includes additional RSUs subject to vesting pursuant to previously disclosed vesting schedules. |
F3 | All RSUs shall immediately vest in the event of a Change of Control (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer. In addition, to the extent that the Reporting Person has served as a director for at least three years during any period after November 25, 2019, and such Reporting Person either resigns from the Board or chooses not to stand for reelection as a member of the Board and as a result, separates from service with the Issuer, 100% of the then unvested portion of any RSUs held by such Reporting Person will also immediately become fully vested upon the date of such separation from service. |