Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GDOT | Class A Common Stock | Award | $0 | +17.1K | $0.00 | 17.1K | Oct 21, 2021 | Direct | F1 | |
transaction | GDOT | Class A Common Stock | Award | $0 | +300K | +1750.09% | $0.00 | 317K | Oct 21, 2021 | Direct | F2 |
Id | Content |
---|---|
F1 | Represents shares of Class A Common Stock underlying a restricted stock unit award that will vest as to 1/3 of the shares on each of October 21, 2022, October 21, 2023, and October 21, 2024, subject to the reporting person's provision of services to the issuer on each vesting date. |
F2 | Represents shares of Class A Common Stock underlying a performance-based restricted stock unit award granted on October 21, 2021. 1/3 of the award will vest if the closing price of issuer's common stock on the New York Stock Exchange during any 20 consecutive trading day period prior to October 21, 2024 (each, a "Measurement Period") exceeds a threshold price per share (the "Threshold Price"), and as to additional installments equal to 1/3 of the award if during a subsequent Measurement Period, the price per share is $10 and $30 higher than the Threshold Price (each, a "Hurdle"). If a Hurdle for an installment is achieved, the shares subject to the installment shall vest on the first anniversary of the date of grant with respect to 1/3 of the shares and the remaining 2/3 of the shares shall vest in 24 equal installments at the end of each calendar month occurring thereafter, subject to the reporting person's continuous service as COO and CFO or service provider on each such date. |