Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SWBI | Common Stock | Options Exercise | +28.8K | +12.43% | 260K | May 6, 2022 | Direct | F1 | ||
transaction | SWBI | Common Stock | Tax liability | -$13.1K | -940 | -0.36% | $13.94 | 260K | May 6, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SWBI | Performance Rights | Options Exercise | -28.8K | -100% | 0 | May 6, 2022 | Common Stock | 28.8K | Direct | F1 |
Id | Content |
---|---|
F1 | Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on market cap performance over a three-year performance period. The number of shares to be delivered is the maximum number of shares that may be delivered pursuant to the award. The shares will be delivered on May 1, 2023. |
F2 | Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of performance rights. |
This amended Form 4 is being filed to correct the Form 4 filed on behalf of the reporting person on May 10, 2022, which omitted the vesting of performance stock units. The reporting person is President and Chief Executive Officer.