Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | WEJOQ | Common Shares | 478,292 | Nov 19, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | WEJOQ | Stock Options (right to buy) | Nov 19, 2021 | Common Shares | 469,751 | $11.38 | Direct | F2 | ||||||
holding | WEJOQ | Earnout Shares | Nov 19, 2021 | Common Shares | 780 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents (a) 8,541 Common Shares and (b) 469,751 restricted share units (that settle for Common Shares), one-third of which will vest on each of November 19, 2022, November 19, 2023, and November 19, 2024 subject to the terms of the applicable award agreement. |
F2 | Represents stock options, one-third of which will vest on each of November 19, 2022, November 19, 2023, and November 19, 2024, subject to the terms of the applicable award agreement. |
F3 | Pursuant to the Agreement and Plan of Merger, dated as of May 28, 2021, among the Issuer and certain other parties (the "Agreement"), the Reporting Person has the contingent right to receive a pro rata amount of Common Shares in each of four earnout periods, if at any time during the seven year period following November 18, 2021, the volume weighted average price of a Common Share is greater than or equal to, for any 20 trading days within any 30 consecutive trading day period (an "earnout period"): $15.00 for the first earnout period; $18.00 for the second earnout period; $21.00 for the third earnout period; and $24.00 for fourth earnout period, as adjusted pursuant to the Agreement. |
Exhibit 24 - Power of Attorney, incorporated herein by reference