Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STOK | Employee Stock Option (Right to Buy) | Award | $0 | +44.8K | $0.00 | 44.8K | Mar 15, 2023 | Common Stock | 44.8K | $9.15 | Direct | F1 | |
transaction | STOK | Restricted Stock Unit (RSU) | Award | $0 | +29.9K | $0.00 | 29.9K | Mar 15, 2023 | Common Stock | 29.9K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The option vests as to 1/48th of the total shares on April 15, 2023 and then 1/48th of the total shares vest monthly thereafter, subject to the reporting person's continued service to the issuer through each vesting date. |
F2 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement. |
F3 | The RSUs vest as to 1/4th of the total shares annually beginning March 15, 2024, subject to the reporting person's continued service to the issuer through each vesting date. |