Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MIXT | Ordinary Shares | Options Exercise | $0 | +150K | +5.99% | $0.00 | 2.65M | Jun 1, 2023 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MIXT | Restricted Share Units | Options Exercise | $0 | +150K | $0.00* | 0 | Jun 1, 2023 | Ordinary Shares | 150K | $0.00 | Direct | F2, F3 |
Id | Content |
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F1 | Shareholders are advised of the following information relating to the settlement of the second and final tranche of retention shares awarded under the MiX Telematics Limited Long-Term Incentive Plan ("LTIP"), as disclosed in the form 8K announcement published on June 19, 2020. Catherine Lewis' intention is to sell approximately 75,000 shares issued to her in respect of these retention shares (to cover the immediate tax obligation arising from the settlement of the retention shares). At the conclusion of this process, Catherine Lewis expects to have increased her shareholding in MiX Telematics by 75,000 shares, bringing her total shareholding to approximately 2,577,889 ordinary shares. |
F2 | Each Restricted Stock Unit represents a contingent right to receive one Ordinary Share of Issuer. |
F3 | The Restricted Stock Units shall vest in two installments. Subject to continued employment, the first 50% vested on June 1, 2022 and the second 50% shall vest on June 1, 2023. Vested shares will be delivered upon settlement |