Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLDR | Common Stock | Gift | $0 | -6.3K | -2.1% | $0.00 | 294K | Sep 10, 2021 | Direct | |
transaction | CLDR | Common Stock | Options Exercise | +64.2K | +21.81% | 358K | Sep 15, 2021 | Direct | F1 | ||
transaction | CLDR | Common Stock | Options Exercise | +135K | +37.59% | 493K | Sep 15, 2021 | Direct | F1 | ||
transaction | CLDR | Common Stock | Tax liability | -$1.43M | -89.7K | -18.19% | $15.93 | 403K | Sep 15, 2021 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLDR | Restricted Stock Unit | Options Exercise | $0 | -64.2K | -10% | $0.00 | 577K | Sep 15, 2021 | Common Stock | 64.2K | Direct | F1, F3 | |
transaction | CLDR | Restricted Stock Unit | Options Exercise | $0 | -135K | -25.26% | $0.00 | 399K | Sep 15, 2021 | Common Stock | 135K | Direct | F1, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. |
F2 | Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the settlement of vested RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes. |
F3 | The RSUs will vest as to 1/12th of the total number of shares on March 15, 2021, and thereafter vest as to 1/12th of the total number of shares in equal quarterly installments until 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. |
F4 | 538,809 of the RSUs vest in four equal quarterly installments commencing March 15, 2021 and 263,810 of the RSUs vest in four equal quarterly installments commencing on March 15, 2022. |