Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACCD | Common Stock | Options Exercise | +18.8K | +10.67% | 195K | Jun 11, 2024 | Direct | F1 | ||
transaction | ACCD | Common Stock | Sale | -$37.9K | -5.73K | -2.94% | $6.62 | 189K | Jun 12, 2024 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACCD | Restricted Stock Units | Options Exercise | -18.8K | -33.33% | 37.6K | Jun 11, 2024 | Common Stock | 18.8K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit ("RSU") converted into one share of the Issuer's common stock. |
F2 | The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "mandatory sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. |
F3 | Each RSU represents the contingent right to receive one share of the Issuer's common stock. |
F4 | The Reporting Person was granted restricted stock units ("RSUs") on June 27, 2023 with a vesting commencement date of June 1, 2023 (the "Vesting Commencement Date"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs will vest as follows: (a) one-third (1/3rd) of the RSUs will vest on the first anniversary of the Vesting Commencement Date (or June 1, 2024), and (b) then 1/36th of the RSUs will vest on each successive month following the first anniversary of the Vesting Commencement Date, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction. |