Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WGSWW | Stock Option (right to buy) | Award | $0 | +430K | $0.00 | 430K | Jan 18, 2022 | Class A Common Stock | 430K | $3.45 | Direct | F1 | |
transaction | WGSWW | Restricted Stock Unit | Award | $0 | +248K | $0.00 | 248K | Jan 18, 2022 | Class A Common Stock | 248K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | 100% of the underlying awards shall become vested and exercisable on the earlier of (A) December 31, 2022, and (B) a change in control of the Issuer, subject to the Reporting Person's continued service to the Issuer on such earlier date, or upon a termination of the Reporting Person's service as Executive Chairman of the Board under certain circumstances. |
F2 | Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A common stock upon settlement for no consideration. |