Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MIXT | Stock Appreciation Rights | Award | $0 | +500K | $0.00 | 500K | Jun 28, 2023 | Ordinary Shares | 500K | $0.27 | Direct | F1, F2 |
Id | Content |
---|---|
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 this filing |
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 June 26, 2023 and expire on June 26, 2029. |