Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MODG | Performance Stock Unit | Award | $0 | +4.25K | +60% | $0.00 | 11.3K | Feb 12, 2023 | Common Stock | 4.25K | Direct | F1, F2, F3 |
Id | Content |
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F1 | Each PSU represents a contingent right to receive one share of common stock, subject to the achievement of applicable performance criteria. |
F2 | On April 5, 2021, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Such PSUs converted to time-based units that will vest on the third anniversary of the grant date subject to continued employment through such date. |
F3 | Represents the aggregate number of PSUs originally granted on April 5, 2021 that have been earned as a result of the achievement of the applicable performance criteria. |