Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ISPC | Common Stock | Award | +625 | +25% | 3.13K | Oct 1, 2022 | Direct | F1, F2 | ||
holding | ISPC | Common Stock | 842K | Dec 31, 2022 | See Footnote | F3 |
Id | Content |
---|---|
F1 | Represents shares underlying certain restricted stock units ("RSUs"), each of which is a contingent right to receive one share of common stock at settlement subject to the terms and conditions set forth in the award of such RSUs by the Issuer to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement (the "RSU Agreement"). 625 RSUs vested in one installment on December 31, 2022 and were settled on January 3, 2023, subject to the terms and conditions set forth in the RSU Agreement and as a result, 625 shares of common stock were issued to the Reporting Person. |
F2 | The RSUs were awarded as compensation to the Reporting Person for his service as a director of the Company. |
F3 | The indirect ownership consists of 841,981 shares of common stock owned by OBF Investments, LLC. Mr. Scholl is the President and Chief Executive Officer of OBF Investments, LLC. |