Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | POSH | Class A Common Stock | Award | $0 | +3.69K | +2458% | $0.00 | 3.84K | Aug 6, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | POSH | Stock Option (Right to Buy) | Award | $306K | +8.74K | $35.01 | 8.74K | Aug 6, 2021 | Class A Common Stock | 8.74K | $35.01 | Direct | F2 |
Id | Content |
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F1 | Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest in 3 equal installments on September 1, 2022, September 1, 2023 and September 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Vested shares will be deferred in accordance with the Reporting Person's deferral election pursuant to the Rules and Conditions for the Poshmark, Inc. Non-Employee Directors' Deferred Compensation Program. |
F2 | The options will vest and become exercisable in 3 equal installments on September 1, 2022, September 1, 2023, and September 1, 2024, subject to the Reporting Person's continued board service to the Issuer through each such vesting date. |
This Form 4/A corrects the number of RSUs and stock options granted to the Reporting Person on August 6, 2021.