Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +244K | +98.14% | $0.00 | 493K | Dec 15, 2022 | Direct | F1 |
transaction | IOT | Class A Common Stock | Sale | -$77.8K | -6.1K | -1.24% | $12.75 | 487K | Dec 16, 2022 | Direct | F1, F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -244K | -100% | $0.00* | 0 | Dec 15, 2022 | Class A Common Stock | 244K | Direct | F4, F5 |
Id | Content |
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F1 | Certain reported shares are represented by restricted stock units, or RSUs, of which 30,515 shares vested on December 15, 2022, and the remaining 213,608 RSUs vest in quarterly installments through September 15, 2024. |
F2 | The sales reported by Mr. Chadwick were effected pursuant to a Rule 10b5-1 trading plan. |
F3 | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $12.51 to $13.06, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
F4 | The RSUs, which were to be settled for shares of Class B Common Stock, have been modified at the reporting person's election to be settled for shares of Class A Common Stock. |
F5 | Each RSU represents a contingent right to receive one share of Issuer Class A Common Stock. |