Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TLND | Ordinary Shares | Disposed to Issuer | $0 | -45.1K | -100% | $0.00* | 0 | Aug 9, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TLND | Employee Stock Option (right to buy) | Disposed to Issuer | $0 | -106K | -100% | $0.00* | 0 | Aug 9, 2021 | Ordinary Shares | 106K | $37.93 | Direct | F2, F3, F4, F5 |
Id | Content |
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F1 | Pursuant to the Memorandum of Understanding between the Issuer and Tahoe Bidco (Cayman), LLC dated March 10, 2021 (the "MoU"), the restricted stock units, or RSUs, were cancelled and replaced with the right to receive the cash replacement RSU amount. Payments in respect of the cash replacement RSU amount will be subject to the terms of the unvested RSUs for which they were exchanged and will become payable when the vesting conditions with respect to such exchanged unvested RSUs are satisfied. |
F2 | The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. |
F3 | The exercise price of the non-employee warrant is 32.12 Euros. The U.S. dollar equivalent of the exercise price is $37.93 using the rate as of July 28, 2021 (1.00 = $1.181 ). |
F4 | Pursuant to the MoU, the stock options were replaced with the right to receive the cash replacement option amount. Payments in respect of the cash replacement option amount will be subject to the terms of the unvested stock option for which they were exchanged and will become payable when the vesting conditions with respect to such exchanged unvested stock options are satisfied. |
F5 | 25% of the Ordinary Shares subject to the option vest on November 15, 2021 and the remaining shares vest in equal quarterly installments over the following 12 quarters. |