Pawan Joshi - Apr 25, 2022 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role
EVP, Product Mgmt & Strategy
Signature
/s/ Jennifer S. Grafton by Power of Attorney
Stock symbol
ETWO
Transactions as of
Apr 25, 2022
Transactions value $
$0
Form type
4
Date filed
4/26/2022, 04:26 PM
Previous filing
Sep 2, 2021
Next filing
May 24, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ETWO Restricted Stock Units Award $0 +78.9K $0.00 78.9K Apr 25, 2022 Class A Common Stock 78.9K Direct F1, F2
transaction ETWO Stock Option Award $0 +189K $0.00 189K Apr 25, 2022 Class A Common Stock 189K $9.77 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of ETWO common stock.
F2 The restricted stock units vest in four equal annual installments beginning May 21, 2022. The restricted stock units were initially granted May 21, 2021 subject to achieving a fiscal year 2022 organic revenue growth metric. On April 25, 2022, the Compensation Committee determined that 144.7% of the original target had been achieved resulting in the issuance of an above-target number of restricted stock units.
F3 The option vests in four installments. The first installment vested immediately upon satisfaction of the underlying performance conditions and the remaining three tranches vest in thirds on March 1, 2023, 2024 and 2025.