Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Restricted Stock Units | Award | $0 | +9.03K | $0.00 | 9.03K | Aug 1, 2022 | Class A Common Stock | 9.03K | Direct | F1, F2, F3 | ||
transaction | ZIP | Restricted Stock Units | Award | $0 | +8.28K | $0.00 | 8.28K | Aug 1, 2022 | Class A Common Stock | 8.28K | Direct | F1, F3, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. |
F2 | 1/3 of the shares subject to the underlying RSUs shall vest on the date of the Issuer's annual meeting of stockholders in each of 2023, 2024 and 2025, subject to the Reporting Person's provision of services to the Issuer on each such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting. |
F3 | RSUs do not expire; they either vest or are canceled prior to vesting date. |
F4 | The shares subject to the underlying RSUs shall vest on the earlier of (i) June 14, 2023 and (ii) the date of the Issuer's 2023 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting. |