Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | VRAYQ | Common Stock | 511K | Jun 11, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | VRAYQ | Stock Option (right to buy) | Jun 11, 2021 | Common Stock | 200K | $9.18 | Direct | F2 | ||||||
holding | VRAYQ | Stock Option (right to buy) | Jun 11, 2021 | Common Stock | 61.8K | $8.47 | Direct | F3 | ||||||
holding | VRAYQ | Performance Units | Jun 11, 2021 | Common Stock | 55.5K | $0.00 | Direct | F4 |
Id | Content |
---|---|
F1 | Represents 510,755 shares of Restricted Stock Units (RSUs). The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. Mr. McCormack has been granted the following: 3/1/2019 35,419 shares, 10/24/2019 225,000 shares, 3/2/2020 257,092 shares, and 3/1/2021 112,660 shares. As of 6/11/2021, 64,894 shares of the RSUs are sellable. |
F2 | 25% of the shares subject to the option shall vest and become exercisable on the first anniversary after August 27, 2018 (the "Grant Date") and 1/36th of the shares shall vest and become exercisable each month after the first anniversary, August 27, 2019, such that 100% of the shares subject to the option will be vested on the fourth anniversary of the Grant Date, subject to the reporting person remaining a service provider through each vesting date. |
F3 | 1/48th of the shares subject to the option shall vest and become exercisable on each month after March 1, 2019 (the "Grant Date"), such that 100% of the shares subject to the option will be vested on the fourth anniversary of the Grant Date, subject to the reporting person remaining a service provider through each such vesting date. |
F4 | These performance share awards were issued at a 100% target and have a 3-year vest period and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3-year period will be cancelled. |