Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPOK | Restricted Stock Units | Award | $0 | +48.8K | +24.78% | $0.00 | 246K | Jan 3, 2023 | common stock | 48.8K | Vincent DePaul Kelly, Trustee of the Vincent DePaul Kelly Fifth Amended and Restated Revocable Trust | F1 | |
transaction | SPOK | Restricted Stock Units | Award | $0 | +48.8K | +19.86% | $0.00 | 295K | Jan 3, 2023 | common stock | 48.8K | Vincent DePaul Kelly, Trustee of the Vincent DePaul Kelly Fifth Amended and Restated Revocable Trust | F2, F3 |
Id | Content |
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F1 | The Restricted Stock Units which if not forfeited, will convert into shares of common stock if specified performance objectives of the Company set forth in the 2023 LTIP are achieved for the year ending December 31, 2025. |
F2 | Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's Common Stock. |
F3 | The Restricted Stock Units vest in three equal annual installments beginning December 31, 2023. Vested shares will be delivered to the reporting person for the fiscal years ending December 31, 2023, December 31, 2024 and December 31, 2025. |