Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | APRN | Restricted Stock Units | Award | $0 | +9.12K | $0.00 | 9.12K | Mar 23, 2022 | Class A Common Stock | 9.12K | Direct | F1, F2, F3 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. |
F2 | Pursuant to the Company's non-employee director compensation policy, each new non-employee director is automatically granted, upon his or her initial appointment to the Board of Directors, a restricted stock unit award ("Initial RSU Award") with an aggregate fair market value of $85,000, prorated for the number of days between the date of the director's initial appointment to the Board of Directors and the date of the next annual meeting of stockholders or, if the date of the next annual meeting of stockholders has not been set on the date of grant, the business day following the first anniversary of the last annual meeting. As the date of the 2022 annual meeting of stockholders is June 13, 2022, the number of shares subject to Ms. Carmichael's Initial RSU Award set forth above is prorated to June 13, 2022. |
F3 | The RSUs are scheduled to vest in full on the one-year anniversary of March 23, 2022. |