Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | XPRO | Restricted Stock Unit | Award | $0 | +196K | +141.71% | $0.00 | 334K | Oct 22, 2021 | Common Stock | 196K | Direct | F1, F2, F3 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a right to receive one share of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock"). |
F2 | Represents the vesting of performance-based RSUs granted on (i) February 19, 2019, which vested at 129.4% achievement, (ii) February 18, 2020, which vested at 109.3% achievement, and (iii) February 22, 2021, which vested at 100% achievement. Settlement of these RSUs is deferred in accordance with the requirements imposed by Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A") until April 2, 2022. |
F3 | Also includes 138,043 RSUs, as adjusted to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021, that became fully vested on October 1, 2021 for which settlement is deferred in accordance with the requirements imposed by Section 409A until April 2, 2022. |