Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AVTA | Common Stock | Award | $0 | +19.7K | +25.95% | $0.00 | 95.8K | Jan 3, 2023 | Direct | F1 |
transaction | AVTA | Common Stock | Tax liability | -$66.3K | -2.62K | -2.73% | $25.34 | 93.2K | Jan 3, 2023 | Direct | F2 |
transaction | AVTA | Common Stock | Tax liability | -$38.9K | -1.51K | -1.63% | $25.72 | 91.6K | Jan 4, 2023 | Direct | F2, F3 |
holding | AVTA | Common Stock | 2.03K | Jan 3, 2023 | Spouse | F4 |
Id | Content |
---|---|
F1 | Reflects a grant of restricted stock units ("RSUs") that was made to the reporting person on January 3, 2023 and that will vest equally over a three-year period on each anniversary of the grant date. |
F2 | This transaction represents the withholding by the Issuer of shares to pay taxes in connection with the vesting of RSUs. The timing and amount of the transaction were determined by the terms of the applicable restricted stock unit award and were not within the control of the Reporting Person. |
F3 | Not included in this amount are 64,344 performance-based RSUs, of which (i) 16,333 are eligible to vest from 0% to 200% following the end of 2023, (ii) 28,280 are eligible to vest from 0% to 200% following the end of 2024 and (iii) 19,731 are eligible to vest from 0% to 200% following the end of 2025. Vesting for each award is subject to the Issuer's achievement of certain financial goals over a three-year period and certification by the Compensation Committee. |
F4 | Represents shares held by the spouse of the reporting person. |