Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WERN | Common Stock | Award | $0 | +48.1K | +10.96% | $0.00 | 487K | Feb 9, 2024 | Direct | F1 |
transaction | WERN | Common Stock | Tax liability | -$216K | -5.18K | -1.06% | $41.61 | 482K | Feb 11, 2024 | Direct | F2 |
transaction | WERN | Common Stock | Tax liability | -$988K | -23.8K | -4.93% | $41.61 | 458K | Feb 11, 2024 | Direct | F3 |
Id | Content |
---|---|
F1 | Restricted stock awarded February 9, 2024 under stockholder approved equity plan. This award shall vest, subject to continued employment, 34% on February 9, 2025 (1 year after the grant date) and two annual increments of 33% each beginning February 9, 2026. The award will become fully vested on February 9, 2027. |
F2 | Represents shares required to satisfy tax withholding obligations in connection with the vesting of 11,188 shares of restricted stock granted to the Reporting Person on February 11, 2021. |
F3 | Represents shares required to satisfy tax withholding obligations in connection with the vesting of 51,303 shares of performance-based restricted stock granted to the Reporting Person on February 11, 2021. |