Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LENB | Class A Common Stock | Award | $0 | +18.1K | +12.72% | $0.00 | 160K | Feb 28, 2023 | Direct | F1 |
transaction | LENB | Class A Common Stock | Award | $0 | +11.6K | +7.24% | $0.00 | 172K | Feb 28, 2023 | Direct | F2 |
transaction | LENB | Class A Common Stock | Tax liability | -$1.03M | -10.6K | -6.19% | $96.74 | 161K | Feb 28, 2023 | Direct | F3 |
holding | LENB | Class B Common Stock | 2.88K | Feb 28, 2023 | Direct |
Id | Content |
---|---|
F1 | 9,050 of the shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period, and the other 9,050 shares granted vest in three equal amounts on each of February 14, 2024, February 14, 2025 and February 14, 2026, subject to forfeiture in accordance with the terms of the grant. |
F2 | On February 28, 2020, the reporting person was granted a target award of 12,429 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period ended November 30, 2022. This grant was reported when it occurred. As a result of meeting specified performance criteria, on February 28, 2023, the 12,429 shares of Class A common stock vested and the reporting person was granted an additional 11,608 shares of Class A common stock. |
F3 | Pursuant to a 10b5-1 plan, the reporting person surrendered shares to pay tax liability on the shares of Class A common stock that were subject to performance criteria. The grant of shares subject to performance-based vesting conditions was originally made on February 28, 2020. |