Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | CNVY | Common Stock, par value $0.01 per share ("Common Stock") | 569K | Jun 15, 2021 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | CNVY | Stock Option (right to buy) | Jun 15, 2021 | Common Stock | 461K | $7.94 | Direct | F1 | ||||||
holding | CNVY | Stock Option (right to buy) | Jun 15, 2021 | Common Stock | 17.9K | $14.00 | Direct | F2 | ||||||
holding | CNVY | Restricted Stock Units | Jun 15, 2021 | Common Stock | 44.6K | Direct | F3 |
Id | Content |
---|---|
F1 | Represents (i) 230,304 time-vesting options and (ii) 230,304 performance-vesting options. Time-vesting options are subject to a five-year time-based vesting schedule, with 20% vesting on September 4, 2020 and the remainder vesting in 16 equal installments every three months thereafter. Performance-vesting options vest over a five-year performance period commencing in 2019, with 20% of the stock options eligible to vest each year of the performance period based on achievement of certain financial metrics. |
F2 | Represents 17,857 time-vesting options. Time-vesting options are subject to a four-year time-based vesting schedule, with 25% vesting on June 15, 2022, and the remainder vesting in 12 equal installments every three months thereafter, subject to Mr. Aggarwal's continued service with Convey Holding Parent, Inc. (the "Issuer") through the applicable vesting date. |
F3 | Represents 44,643 restricted stock units. Restricted stock units are subject to a four year time-based vesting schedule with 25% vesting on June 15, 2022, and the remainder vesting in 12 equal installments every three months thereafter, subject to Mr. Aggarwal's continued service with the Issuer through the applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units will be settled in common stock. |
Exhibit 24 - Power of Attorney