Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VSAT | $.0001 par value common stock | Options Exercise | $0 | +1K | $0.00 | 1K | Mar 31, 2022 | By Trust |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VSAT | restricted stock unit | Options Exercise | $0 | -1K | -50% | $0.00 | 1K | Mar 31, 2022 | common stock | 1K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The original grant on 03/31/2021 was for 3,000 restricted stock units. Subject to the reporting person's continued service as a director of the Issuer, the units vest and convert into shares of common stock (on a 1 for 1 basis) at a rate of 1/3 on the first anniversary of the grant date; 1/3 of the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date. |
F2 | Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer. |