Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRLD | Employee Stock Option (Right to Buy) | Award | $0 | +460K | $0.00 | 460K | May 2, 2022 | Common Stock | 460K | $4.86 | Direct | F1 | |
transaction | PRLD | Restricted Stock Unit | Award | $0 | +150K | $0.00 | 150K | May 2, 2022 | Common Stock | 150K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The stock option vests as to 25% of the total shares on April 4, 2023, and thereafter vests as to 1/48 of the total shares monthly until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. |
F2 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
F3 | The RSUs shall vest as to 1/4 of the total shares on April 4, 2023, and 1/16 of the remaining shares shall vest quarterly thereafter until fully vested, subject to the continued service of the Reporting Person to the Issuer through each vesting date. |