Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AVTA | Common Stock | Tax liability | $0 | -3.28K | -3.58% | $0.00 | 88.4K | Apr 27, 2023 | Direct | F1, F2 |
holding | AVTA | Common Stock | 2.03K | Apr 27, 2023 | Spouse | F3 |
Id | Content |
---|---|
F1 | This transaction represents the withholding by the Issuer of shares to pay taxes in connection with the vesting of restricted stock units. 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. |
F2 | 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 of the Issuer's board of directors. |
F3 | Represents shares held by the spouse of the reporting person. |