Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HG | 2023 LTIP - Restricted Stock Unit | Award | $0 | +117K | $0.00 | 117K | Nov 10, 2023 | Class B Common Shares | 117K | Direct | F1 | ||
transaction | HG | 2023 LTIP - Performance Stock Unit | Award | $0 | +250K | $0.00 | 250K | Nov 10, 2023 | Class B Common Shares | 250K | Direct | F2 |
Id | Content |
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F1 | On November 10, 2023, the reporting person was granted 116,667 restricted stock units ("RSUs") that vest in full on November 10, 2026. Each RSU represents the right to receive one Class B common share. |
F2 | On November 10, 2023, the reporting person was granted 250,000 performance stock units ("PSUs") that are earned based on the percentage increase in the price of our Class B common shares during the three-year period following the grant date, ranging from 0% of the PSUs being earned and vesting if there is no (or negative) change in the value of our Class B common shares during the measurement period up to 100% of the PSUs being earned and vesting if the price of our Class B common shares doubles during the measurement period, with the number of PSUs that vest being determined based on linear interpolation for increases between 0% and 100%. Each PSU represents the right to receive one Class B common share. |