Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STEL | Common Stock | Award | $0 | +1.59K | +0.26% | $0.00 | 613K | Feb 1, 2022 | Direct | F1, F2 |
holding | STEL | Common Stock | 611K | Feb 1, 2022 | By Thomas Walter Umphrey Trust | F3 |
Id | Content |
---|---|
F1 | Represents restricted shares of Common Stock that will vest on December 31, 2022, subject to continued service as a director of the issuer on such date; provided, however, that if a Change of Control occurs before December 31, 2022, then a prorated number of the Restricted Shares shall become fully vested effective immediately prior to the effective time of such Change of Control based on the number of calendar days elapsed between January 1, 2022, and the date on which the Change of Control occurs, and the remaining Restricted Shares shall be forfeited to and reacquired by the Company for no consideration. |
F2 | Includes one-half of the shares that were previously indirectly held by the Umphrey II Family Limited Partnership and the reporting person's deceased spouse, which were distributed to the reporting person. |
F3 | Shares are held by the Thomas Walter Umphrey Estate, of which the reporting person has voting authority for these shares as co-executor of the estate. Such shares were previously held by the Umphrey II Family Limited Partnership and the reporting person's deceased spouse. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, of for any other purpose. |