| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZIP | Class A Common Stock | Conversion of derivative security | $0 | +248K | +43.33% | $0.00 | 821K | May 26, 2021 | Direct | F1, F2 |
| transaction | ZIP | Class A Common Stock | Sale | -$4.97M | -248K | -30.23% | $20.00 | 573K | May 26, 2021 | Direct | |
| holding | ZIP | Class A Common Stock | 3.8M | May 26, 2021 | See footnote | F3 | |||||
| holding | ZIP | Class A Common Stock | 843K | May 26, 2021 | See footnote | F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZIP | Restricted Stock Units | Options Exercise | -11.6K | -6.25% | 174K | May 26, 2021 | Class B Common Stock | 11.6K | Direct | F5, F6 | |||
| transaction | ZIP | Restricted Stock Units | Options Exercise | -20K | -100% | 0 | May 26, 2021 | Class B Common Stock | 20K | Direct | F5, F7 | |||
| transaction | ZIP | Restricted Stock Units | Options Exercise | -33.9K | -31.25% | 74.6K | May 26, 2021 | Class B Common Stock | 33.9K | Direct | F5, F8 | |||
| transaction | ZIP | Restricted Stock Units | Options Exercise | -183K | -56.25% | 142K | May 26, 2021 | Class B Common Stock | 183K | Direct | F5, F9 | |||
| transaction | ZIP | Class B Common Stock | Options Exercise | +248K | 248K | May 26, 2021 | Class A Common Stock | 248K | Direct | F2 | ||||
| transaction | ZIP | Class B Common Stock | Conversion of derivative security | -248K | -100% | 0 | May 26, 2021 | Class A Common Stock | 248K | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock. |
| 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. |
| F3 | Represents shares held by Basepoint Ventures Opportunity I, LLC, of which the Reporting Person is a managing partner. |
| F4 | Represents shares held by Basepoint Ventures Opportunity II, LLC, of which the Reporting Person is a managing partner. |
| F5 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. |
| F6 | The RSUs vest as of 1/16 of the total shares quarterly beginning on January 1, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
| F7 | The RSUs shall 100% vest upon the earliest to occur of (a) first trading day following the expiration of the lockup period applicable to the IPO of the Issuer's equity securities pursuant to an effective registration statement, (b) March 15 of the calendar year following the year in which an IPO occurs or (c) a change of control, provided that the Reporting Person remains an employee or provider of service to the Issuer at such time. The Issuer's Board of Directors has waived the foregoing vesting requirement such that the RSUs shall vest in full effective as of the earlier of (a) the first day of trading of the Issuer's Class A Common Stock on the New York Stock Exchange and (b) March 15, 2022. |
| F8 | The RSUs vested as to 25% of the total shares on January 1, 2021, and then 6.25% of the total shares vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
| F9 | The RSUs vested as to 25% of the total shares on April 1, 2020, and then 6.25% of the total shares vest quarterly thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date. |