Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MIXT | Ordinary Shares | Options Exercise | $55K | +306K | +14.65% | $0.18* | 2.39M | Nov 4, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MIXT | Stock Appreciation Rights | Options Exercise | $0 | +656K | $0.00* | 0 | Nov 4, 2022 | Ordinary Shares | 306K | $0.18 | Direct | F1, F2, F3 |
Id | Content |
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F1 | For purposes of this table, the award price has been converted, based on the South African Rand/U.S. dollar exchange rate in effect as of grant date. |
F2 | The Stock Appreciation Rights time vest in 25% tranches beginning on the second anniversary of the grant date subject to the executive's continued employment, provided, however, that the grant is also subject to a performance based condition that a minimum total shareholder return of 10% must be achieved prior to the date that the grant expires. These Stock Appreciation Rights were granted on November 24, 2016 and expire on November 24, 2022. |
F3 | 656,250 Stock Appreciation Rights were exercised equating to 305,680 ordinary shares (equivalent to 12,228 ADRs) based on an intrinsic value of 2.86 Rand (equivalent to $0.16) and an exercise price of 6.14 Rand (equivalent to $0.34). The conversion prices reflects the approximate U.S. dollar conversion rate of R18.1358 as of November 4, 2022. |