Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class B Common Stock | Options Exercise | $0 | -50K | -25% | $0.00 | 150K | Jun 15, 2022 | Class B Common Stock | 50K | Direct | F1, F2, F3 | |
transaction | IOT | Class B Common Stock | Options Exercise | $0 | +50K | $0.00 | 50K | Jun 15, 2022 | Class A Common Stock | 50K | $0.00 | Direct | F3 |
Id | Content |
---|---|
F1 | The reported shares represent restricted stock units, or RSUs, of which 50,000 vested on June 15, 2022 and the remaining shares vest in quarterly installments through June 15, 2025. |
F2 | Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock. |
F3 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. |