Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | THRD | Employee Stock Option (right to buy) | Disposed to Issuer | -468K | -100% | 0 | Mar 6, 2023 | Common Stock | 468K | $9.22 | Direct | F1, F2 | ||
transaction | THRD | Employee Stock Option (right to buy) | Award | +468K | 468K | Mar 6, 2023 | Common Stock | 468K | $4.20 | Direct | F1, F2 | |||
transaction | THRD | Employee Stock Option (right to buy) | Disposed to Issuer | -205K | -100% | 0 | Mar 6, 2023 | Common Stock | 205K | $18.40 | Direct | F1, F3 | ||
transaction | THRD | Employee Stock Option (right to buy) | Award | +205K | 205K | Mar 6, 2023 | Common Stock | 205K | $4.20 | Direct | F1, F3 | |||
transaction | THRD | Employee Stock Option (right to buy) | Award | $0 | +360K | $0.00 | 360K | Mar 6, 2023 | Common Stock | 360K | $4.20 | Direct | F4 |
Id | Content |
---|---|
F1 | The transaction reported herein reflects a one-time stock option repricing that became effective on March 6, 2023 and is being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, as amended. There have been no other changes to the terms of these Options. |
F2 | 6.25% of the total shares vested on May 17, 2022, and thereafter 6.25% of the total shares underlying the award shall vest in equal quarterly installments until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F3 | The option vests over a four-year period: 1/48th on November 25, 2022, after which 1/48th of the total shares vest monthly, subject to continued service through each vesting date. |
F4 | The option vests over a four-year period: 1/48th on April 6, 2023, after which 1/48th of the total shares vest monthly, subject to continued service through each vesting date. |