Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -17K | -6.8% | $0.00 | 233K | Dec 30, 2021 | Class B Common Stock | 17K | $5.53 | Direct | F1 |
transaction | ZIP | Class B Common Stock | Options Exercise | $0 | +17K | $0.00 | 17K | Dec 30, 2021 | Class A Common Stock | 17K | Direct | F2 |
Id | Content |
---|---|
F1 | 1/48 of the total shares underlying the option vests on August 1, 2018, and the remainder will vest as to 1/48 of the total award in monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F2 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |