Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CNNE | Restricted Stock Units | Award | $0 | +1M | $0.00 | 1M | Feb 28, 2024 | Direct | F1, F2 | |
holding | CNNE | Common Stock | 3.85M | Feb 28, 2024 | Direct | ||||||
holding | CNNE | Common Stock | 748K | Feb 28, 2024 | Folco Development Corp. | ||||||
holding | CNNE | Common Stock | 236K | Feb 28, 2024 | Foley Family Charitable Foundation |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents the contingent right to receive one share of the registrant's common stock. The RSUs contain pass-through voting rights and rights to accrued dividends (if any are declared by the Company during the vesting period) and are payable upon vesting. |
F2 | The RSUs vest as follows: 400,000 RSUs vest on July 2, 2024; 400,000 RSUs vest on July 2, 2025; and 200,000 RSUs vest on July 2, 2026. |