Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLB | Class A Common Stock | Award | $0 | +33.5K | $0.00 | 33.5K | Oct 15, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLB | Employee Stock Option (right to buy) | Award | $0 | +49.9K | $0.00 | 49.9K | Oct 15, 2021 | Class A Common Stock | 49.9K | $91.73 | Direct | F3 |
Id | Content |
---|---|
F1 | Award represents a total of 33,523 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on each anniversary of October 15, 2021. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting. |
F2 | Shares held following the reported transactions include 33,523 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
F3 | This option was granted for a total of 49,886 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vest on the first anniversary of October 15, 2021, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter. |