Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COMM | Common Stock | Options Exercise | $0 | +22K | +7.62% | $0.00 | 311K | Oct 1, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COMM | Performance Share Units | Options Exercise | $0 | -22K | -10% | $0.00 | 198K | Oct 1, 2021 | Common Stock | 22K | $0.00 | Direct | F1, F3 |
Id | Content |
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F1 | On October 1, 2020, the reporting person was granted 220,000 performance share units, which vest upon the achievement of certain hurdles relating to the issuer's stock price ranging from a low of $15 to a high of $40, and the reporting person's continued employment with the issuer, over the four-year period from 10/01/2020 to 10/01/2024. On March 31, 2021, the $15.00 stock price hurdle was achieved and, on October 1, 2021, the continued employment requirement was met, resulting in vesting of 22,000 performance share units. |
F2 | As previously reported, includes 66,667 restricted stock units that were granted on 10/01/2020 and will vest ratably on 10/01/2022 and 10/01/2023, subject to the reporting person's continued employment with the issuer. |
F3 | Each performance share unit reflects the right to receive one share of common stock. The performance share units vest upon the achievement of certain hurdles relating to the issuer's stock price ranging from a low of $15 to a high of $40, and the reporting person's continued employment with the issuer, over the four-year period from 10/01/2020 to 10/01/2024. |