Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EVCM | Common Stock | Sale | -$25K | -2.1K | -0.95% | $11.95 | 219K | Jun 8, 2023 | Direct | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Shares were sold to cover taxes upon the vesting of restricted stock units ("RSUs") pursuant to a mandatory Rule 10b5-1 trading instruction in the award agreement adopted by the Reporting Person on July 21, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
F2 | This Form 4/A amends and restates the sale to cover transaction previously reported to have occurred on June 3, 2023, that was reported on the Form 4 filed on June 6, 2023 to correctly report such sale to cover transactions. For the avoidance of doubt, the transaction that occurred on November 16, 2022 and reported in the same Form 4 is unchanged. |