Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MODG | Performance Stock Unit | Award | $0 | +7.09K | $0.00 | 7.09K | Feb 17, 2022 | Common Stock | 7.09K | Direct | F1, F2, F3 | ||
transaction | MODG | Restricted Stock Units | Award | $0 | +28.1K | $0.00 | 28.1K | Feb 17, 2022 | Common Stock | 28.1K | Direct | F4, F5, F6 |
Id | Content |
---|---|
F1 | Each PSU represents a contingent right to receive one share of common stock, subject to the achievement of applicable performance criteria. |
F2 | On April 5, 2021, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Such PSUs converted to time-based units that will vest on the third anniversary of the grant date subject to continued employment through such date. |
F3 | Represents the aggregate number of PSUs originally granted on April 5, 2021 that have been earned as a result of the achievement of the applicable performance criteria. |
F4 | Each Restricted Stock Unit ("RSUs") represents a contingent right to receive one share of common stock. |
F5 | These RSUs are scheduled to vest as follows: 1/3 of the RSUs vest on February 17, 2023; 1/3 of the RSUs vest on February 17, 2024; and 1/3 of the RSUs vest on February 17, 2025. |
F6 | Represents only the RSUs granted on February 17, 2022 and does not include RSUs with different vesting terms. |