Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MYPS | Class A Common Stock | 226K | Mar 11, 2024 | Direct | ||||||
holding | MYPS | Class B Common Stock | 327K | Mar 11, 2024 | Direct | F1 | |||||
holding | MYPS | Class B Common Stock | 2.91M | Mar 11, 2024 | by Pascal Family Trust | F1 | |||||
holding | MYPS | Class B Common Stock | 9.42M | Mar 11, 2024 | by DreamStreet Holdings, LLC | F1 | |||||
holding | MYPS | Class A Common Stock | 406K | Mar 11, 2024 | by Pascal Family Trust |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MYPS | Restricted Stock Units | Award | $0 | +708K | $0.00 | 708K | Mar 11, 2024 | Class A Common Stock | 708K | $0.00 | Direct | F2, F3 | |
transaction | MYPS | Performance Stock Units | Award | $0 | +146K | $0.00 | 146K | Mar 11, 2024 | Class A Common Stock | 146K | $0.00 | Direct | F4 | |
holding | MYPS | Restricted Stock Units | 750K | Mar 11, 2024 | Class A Common Stock | 750K | $0.00 | Direct | F2, F5 | |||||
holding | MYPS | Stock Options | 1.86M | Mar 11, 2024 | Class B Common Stock | 1.86M | $1.01 | Direct | F1 | |||||
holding | MYPS | Earnout Shares | 416K | Mar 11, 2024 | Class B Common Stock | 416K | $0.00 | by Pascal Family Trust | F1, F6 | |||||
holding | MYPS | Earnout Shares | 2.3M | Mar 11, 2024 | Class B Common Stock | 2.3M | $0.00 | by DreamStreet Holdings, LLC | F1, F6 | |||||
holding | MYPS | Earnout Shares | 313K | Mar 11, 2024 | Class B Common Stock | 313K | $0.00 | Direct | F1, F6 |
Id | Content |
---|---|
F1 | Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock of the Issuer. Upon transfer, each share of Class B Common Stock will convert into a share of Class A Common Stock, subject to certain limited exceptions. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to conversion rights (noted above) and voting rights. Each share of Class B Common Stock is entitled to twenty votes per share, whereas each share of Class A Common Stock is entitled to one vote per share. |
F2 | Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock |
F3 | Represents a grant of unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 208,334 Restricted Stock Units vesting on February 15, 2025; 208,334 Restricted Stock Units vesting on February 15, 2026; and 291,667 Restricted Stock Units vesting on February 15, 2027. |
F4 | Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share of Class A Common Stock. The actual number of shares of Class A Common Stock to be issued upon vesting of such Performance Stock Units will be determined based on, and will be contingent upon, the achievement of certain pre-established performance metrics, as determined by the Compensation Committee of the Company's Board of Directors, for the fiscal year ending December 31, 2024. |
F5 | On February 22, 2023, the Reporting Person was granted 1,125,000 unvested Restricted Stock Units, which vest in three equal installments, with one-third vested on February 15, 2024, one-third vesting on February 15, 2025, and one-third vesting on February 15, 2026, subject in each case to continued employment with the Company through the applicable vesting date. |
F6 | Payable in two equal tranches if the closing price of the Class A Common Stock exceeds $12.50 and $15.00 per share, respectively, for any 20 trading days within any 30-trading day period commencing on or after the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, to which the Issuer is a party, and ending no later than the five-year anniversary of the Closing. The Earnout Shares are also subject to potential vesting based on the price targets in connection with a sale of the Issuer. |