Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HLIT | Restricted Stock Units | Award | $0 | +68.4K | $0.00 | 68.4K | Feb 17, 2022 | Common Stock | 68.4K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of HLIT common stock. |
F2 | One third (33.33%) of the Shares subject to the Restricted Stock Units are scheduled to vest on February 15, 2023, and approximately 8.33% of the remaining Restricted Stock Units will vest each three months thereafter, so as to be 100% vested on the third anniversary of the RSU Vesting Commencement Date. |