Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MRIN | Restricted Stock Units | Award | $0 | +20.4K | $0.00 | 20.4K | Nov 8, 2021 | Common Stock | 20.4K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. |
F2 | The RSUs shall vest over 36 months with 1/3rd of the total number of shares vesting on the date of the Issuer's annual meeting of stockholders held in each of 2022, 2023, and 2024, provided that the Reporting Person continues to serve on the Issuer's Board of Directors on each vesting date and provided further that, in the event of certain corporate transactions, all of the shares subject to the RSUs shall immediately vest in full as of the effectiveness of such transaction. The RSUs have no expiration date. |