Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STKL | Common Shares | Options Exercise | +6.95K | +4.7% | 155K | Mar 6, 2023 | Direct | F1 | ||
transaction | STKL | Common Shares | Tax liability | -$30.9K | -3.79K | -2.45% | $8.15 | 151K | Mar 6, 2023 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STKL | Performance Stock Units | Options Exercise | $0 | -6.95K | -100% | $0.00* | 0 | Mar 6, 2023 | Common Shares | 6.95K | Direct | F1, F3, F4 |
Id | Content |
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F1 | Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock. |
F2 | This line item reflects the deemed disposition of shares withheld by the Company to satisfy income tax withholding requirements in connection with the vesting of the PSUs. |
F3 | The reporting person was granted performance stock units (the "Performance Units") on July 10, 2020. The vesting of the Performance Units is subject to the satisfaction of certain fiscal year EBITDA achieved during the period commencing on the grant date and ending on December 31, 2022 (the "Performance Period"). The vesting of this 1/3 of the Performance Units is due to the company achieving annual adjusted EBITDA of $65,000,000 (as modified by the Board of Directors, at its sole discretion, from $110,000,000) during the Performance Period, and subject to continued employment through the end of the fiscal year the EBITDA performance condition is achieved. |
F4 | The Performance Stock Units do not have an expiration date. |