Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | XPER | Common Stock | Award | $0 | +65K | +233.7% | $0.00 | 92.9K | Oct 1, 2022 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Represents unvested restricted stock units ("RSUs") granted by Xperi Holding Corporation that have been converted into unvested RSUs of the Issuer in connection with the spin-off of theIssuer from Xperi Holding Corporation (the "Spin-off"). These RSUs are subject to the same terms and conditions applicable to such Xperi Holding Corporation awards. The RSUs shall vest as follows: 12,255 shares shall vest in two equal installments on July 28, 2023 and July 28, 2024; 19,931 shares shall vest in three equal installments on March 1, 2023 and annually thereafter until fully vested; 3,972 shares shall vest in full on March 1, 2023; and 28,868 shares shall vest in four equal installments on March 1, 2023 and annually thereafter until fully vested. |
F2 | Each restricted stock unit represents a contingent right to receive one share of Xperi Inc. common stock. |
F3 | Includes shares of Issuer's common stock received in the Spin-off with respect to shares of Xperi Holding Corporation common stock held prior to the Spin-off. The number of shares beneficially owned has been adjusted to account for a calculation error and were overreported. |