Michael Farlekas - 21 May 2022 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role
Chief Executive Officer, Director
Signature
/s/ Jennifer S. Grafton by Power of Attorney
Issuer symbol
ETWO
Transactions as of
21 May 2022
Net transactions value
-$317,841
Form type
4
Filing time
24 May 2022, 14:47:04 UTC
Previous filing
04 May 2022
Next filing
22 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETWO Class A Common Stock Options Exercise +55,540 +20% 334,621 21 May 2022 Direct F1
transaction ETWO Class A Common Stock Tax liability $317,841 -39,143 -12% $8.12 295,478 23 May 2022 Direct

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 Options Exercise -55,540 -25% 166,619 21 May 2022 Class A Common Stock 55,540 Direct F1
transaction ETWO Restricted Stock Units Award $0 +190,109 $0.000000 190,109 21 May 2022 Class A Common Stock 190,109 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock units represented a contingent right to receive a share of ETWO common stock upon 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. On May 21, 2022, the first quarter of the RSUs vested. The remaining 3/4s of the RSUs will vest on May 21, 2023, 2024 and 2025 subject to continued employment with E2open.
F2 Each restricted stock unit represents a contingent right to receive one share of ETWO common stock.
F3 The restricted stock units vest in three equal annual installments beginning May 21, 2023 subject to continued employment with E2open.