Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCOR | Restricted Stock Units | Award | $0 | +21.5K | $0.00 | 21.5K | Jul 1, 2024 | Common Stock | 21.5K | See Footnote | F1, F2, F3, F4 |
Id | Content |
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F1 | Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
F2 | This restricted stock unit award ("Stock Award") was granted pursuant to the terms of the comScore, Inc. 2018 Equity and Incentive Compensation Plan. This award, which represents compensation for the 2024-2025 director term, will vest in full on the earliest of (i) the date of the Company's 2025 annual meeting of stockholders, (ii) June 30, 2025, and (iii) the date of a change in control of the Company, subject in each case to the grantee's continued status as a member of the Company's Board of Directors on the vesting date. Vested units will be deferred and delivered in shares of common stock upon a separation from service or a change in control of the Company, as set forth in the applicable award notice. |
F3 | The number of shares subject to this Stock Award was determined by dividing $170,000 by $15.83, which was the price per share used for the Company's most recent employee equity awards. This represents a reduction in the number of shares otherwise due to the grantee under the Company's director compensation program, which would have divided $170,000 by the closing market price of the common stock on the date of grant, which was $14.47. The Board of Directors elected to use the higher price in order to further align directors' interests with those of the Company's common stockholders. |
F4 | David Kline and Jeffrey Barratt Murphy each assigned all their rights and interests in the Stock Award to Charter Communications Holding Company, LLC ("HoldCo"). Spectrum Management Holding Company, LLC ("Spectrum Management") is the controlling parent company of HoldCo. Charter Communications Holdings, LLC ("Holdings") is the controlling parent company of Spectrum Management. CCH II, LLC ("CCH II") is the controlling parent company of Holdings. Charter Communications, Inc. is the controlling parent company of CCH II. |