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 | +5.16K | +189.39% | $0.00 | 7.88K | Jun 6, 2023 | Direct | F1, F2 |
transaction | OLLI | Common Stock, par value $0.001 per share | Tax liability | -$91.2K | -1.47K | -18.65% | $62.01 | 6.41K | Jun 6, 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 | -5.16K | -50% | $0.00 | 5.16K | Jun 6, 2023 | Common Stock | 5.16K | Direct | 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 June 6, 2023 |
F5 | Each restricted stock unit represents a contingent right to receive one share of common stock at vesting. |
F6 | 50% of the restricted stock units vested and became exercisable on June 6, 2023, the first anniversary date of the grant, 25% of the restricted stock units vest and become exercisable on each of the second and third anniversaries of the date of grant, subject to continued service through each applicable vesting date. The reporting person was granted 10,314 restricted stock units on June 6, 2022, of which 5,157 vested on June 6, 2023; 2,579 will vest on June 6, 2024; and 2,578 will vest on June 6, 2025. |