Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Series B Preferred Stock | Conversion of derivative security | $0 | -2.71M | -100% | $0.00* | 0 | May 14, 2021 | Class B Common Stock | 2.71M | Direct | F1, F2 | |
transaction | ZIP | Class B Common Stock | Conversion of derivative security | $0 | +2.71M | +39.9% | $0.00 | 9.49M | May 14, 2021 | Class A Common Stock | 2.71M | Direct | F2 |
Id | Content |
---|---|
F1 | Each share of the Series B Preferred Stock automatically converted into Class B Common Stock on a one-for-one basis on the effectiveness of the Issuer's registration statement on Form S-1 and had no expiration date. |
F2 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |