Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TARS | Stock Option (right to buy) | Award | $0 | +40.1K | $0.00 | 40.1K | Mar 8, 2023 | Common Stock | 40.1K | $15.00 | Direct | F1 | |
transaction | TARS | Restricted Stock Units | Award | $0 | +27.2K | $0.00 | 27.2K | Mar 8, 2023 | Common Stock | 27.2K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | 25% of the option shares shall vest on March 8, 2024, and 1/48th of the option shares shall vest each month thereafter for a period of 3 years subject to the Reporting Person's continuous service. |
F2 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock. |
F3 | 25% of the RSUs will vest on March 15th of each of 2024, 2025, 2026, and 2027, subject to the Reporting Person's continuous service. |