| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LYLT | Common Stock | Award | +20K | +116.37% | 37.2K | Feb 15, 2022 | Direct | F1 | ||
| transaction | LYLT | Common Stock | Award | +10.8K | +28.96% | 48K | Feb 15, 2022 | Direct | F2 | ||
| transaction | LYLT | Common Stock | Tax liability | -$47.8K | -1.94K | -4.04% | $24.68* | 46.1K | Feb 16, 2022 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | The new grant is for 20,017 shares of common stock represented by time-based restricted stock units. The time restrictions may lapse on 6,605 units on 2/15/23, on 6,606 units on 2/15/24 and on 6,806 units on 2/15/25 subject to continued employment by the Reporting Person with the Issuer on the vesting date. |
| F2 | The new grant is for 10,779 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down from 0% to 150% at the time the performance restriction lapses, contingent on meeting a predetermined 2022 consolidated adjusted EBITDA performance measure. Further time restrictions may lapse with respect to 33% of such shares on each of 2/15/23 and 2/15/24 and with respect to 34% of such shares on 2/15/25 subject to continued employment by the Reporting Person with the Issuer on the vesting date. |
| F3 | Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units. |
| F4 | The total number of securities beneficially owned includes: (a) 1,827 unrestricted shares; (b) 6,347 unvested units from an award of 6,347 time-based restricted stock units granted 12/7/21; (c) 7,090 unvested time-based restricted stock units from an award of 10,580 time-based restricted stock units granted 12/7/21; (d) the new grant for 20,017 time-based restricted stock units; and (e) the new grant for 10,779 performance-based restricted stock units. |