Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LC | Common Stock | Options Exercise | $0 | +11.4K | +10.99% | $0.00 | 115K | Feb 25, 2022 | Direct | F1 |
transaction | LC | Common Stock | Options Exercise | $0 | +5.99K | +5.21% | $0.00 | 121K | Feb 25, 2022 | Direct | F1 |
transaction | LC | Common Stock | Options Exercise | $0 | +6.72K | +5.55% | $0.00 | 128K | Feb 25, 2022 | Direct | F1 |
transaction | LC | Common Stock | Options Exercise | $0 | +9.76K | +7.64% | $0.00 | 137K | Feb 25, 2022 | Direct | F1 |
transaction | LC | Common Stock | Sale | -$322K | -17.3K | -12.6% | $18.58 | 120K | Feb 28, 2022 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LC | Restricted Stock Unit (RSU) | Options Exercise | $0 | -11.4K | -33.33% | $0.00 | 22.8K | Feb 25, 2022 | Common Stock | 11.4K | $0.00 | Direct | F1, F4, F5 |
transaction | LC | Restricted Stock Unit (RSU) | Options Exercise | $0 | -5.99K | -20% | $0.00 | 24K | Feb 25, 2022 | Common Stock | 5.99K | $0.00 | Direct | F1, F5, F6 |
transaction | LC | Restricted Stock Unit (RSU) | Options Exercise | $0 | -6.72K | -11.11% | $0.00 | 53.7K | Feb 25, 2022 | Common Stock | 6.72K | $0.00 | Direct | F1, F5, F7 |
transaction | LC | Restricted Stock Unit (RSU) | Options Exercise | $0 | -9.76K | -11.11% | $0.00 | 78K | Feb 25, 2022 | Common Stock | 9.76K | $0.00 | Direct | F1, F5, F8 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. |
F2 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its 2014 Equity Incentive Plan to require the satisfaction of tax withholding obligations with respect to the Reporting Person to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. |
F3 | This transaction was executed in multiple trades during the day at prices ranging from $18.23 to $19.05. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. |
F4 | The RSUs vested as to 6.25% of the total shares on November 25, 2018, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. |
F5 | Not applicable. |
F6 | The RSUs vested as to 6.25% of the total shares on May 25, 2019, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. |
F7 | The RSUs vested as to 6.25% of the total shares on May 25, 2020, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. |
F8 | The RSUs vested as to 8.33% of the total shares on May 25, 2021, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. |