Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LPRO | Restricted Stock Units | Award | $0 | +825K | $0.00 | 825K | Oct 7, 2022 | Common Stock | 825K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of LPRO common stock. |
F2 | These restricted units vest as follows: (i) 25% shall vest on October 7, 2023, and (ii) thereafter, in equal installments on each of the first thirty-six (36) monthly anniversaries of the initial vesting date. |