Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OLLI | Common Stock, par value $0.001 per share | Options Exercise | $0 | +4.65K | +12.15% | $0.00 | 42.9K | Mar 22, 2023 | Direct | F1, F2 |
transaction | OLLI | Common Stock, par value $0.001 per share | Tax liability | -$77.5K | -1.33K | -3.09% | $58.47 | 41.6K | Mar 22, 2023 | Direct | F3, F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OLLI | Restricted Stock Units | Options Exercise | $0 | -4.65K | -33.33% | $0.00 | 9.3K | Mar 22, 2023 | Common Stock | 4.65K | Direct | F1, F5, F6 |
Id | Content |
---|---|
F1 | Represents the conversion upon vesting of a restricted stock award into common stock. |
F2 | Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis. |
F3 | Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units. |
F4 | The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 22, 2023. |
F5 | Each restricted stock unit represents a contingent right to receive one share of common stock at vesting. |
F6 | The restricted stock units vest and become exercisable in 25% installments on each anniversary date of the grant, March 22, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 18,598 restricted stock units, of which 4,650 of the restricted stock units vested on March 22, 2022; 4,649 of the restricted stock units vested on March 22, 2023; 4,650 of the restricted stock units vest on March 22, 2024 and 4,649 of the restricted stock units vest on March 22, 2025. |