Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRSP | Common Shares | Options Exercise | +3.75K | 3.75K | Oct 14, 2022 | Direct | F1, F2 | |||
transaction | CRSP | Common Shares | Tax liability | -$61.9K | -1.11K | -29.63% | $55.76 | 2.64K | Oct 17, 2022 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRSP | Restricted Stock Units | Options Exercise | +3.75K | +50% | 11.3K | Oct 14, 2022 | Common Shares | 3.75K | Direct | F1, F2 |
Id | Content |
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F1 | The restriced stock units shall vest as follows: (i) one quarter of the shares shall vest on October 14, 2022, (ii) one quarter of the shares shall vest on October 14, 2023, (iii) one quarter of the shares shall vest on October 14, 2024, and (iv) one quarter of the shares shall vest on October 14, 2025. |
F2 | Each restricted stock unit represents a contingent right to receive one share of CRSP Common Shares. |
F3 | On October 14, 2021, the reporting person was granted 15,000 restricted stock units. On October 14, 2022, 3,750 restricted stock units vested. Amount reported represents the number of shares required to be sold by the reporting person to cover the tax withholding obligation in connection with the vesting of these restricted stock units. This sale is mandated by the Company's RSU Settlement Policy to fund the tax withholding obligation and does not represent a discretionary trade by the reporting person. |