Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AIRG | Common Stock | Award | $0 | +58.1K | +258.42% | $0.00 | 80.6K | Mar 15, 2023 | Direct | F1, F2 |
transaction | AIRG | Common Stock | Tax liability | -$55.6K | -11K | -13.6% | $5.07 | 69.6K | Mar 15, 2023 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AIRG | Stock Option (Right to Buy) | Award | $0 | +28.9K | $0.00 | 28.9K | Mar 15, 2023 | Common Stock | 28.9K | $5.07 | Direct | F4 |
Id | Content |
---|---|
F1 | Represents restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock. 29,230 of the RSUs are fully vested and granted in lieu of cash payment of an annual bonus. 28,867 of the RSUs shall vest in substantially equal installments on each of March 15, 2024; March 15, 2025; March 15, 2026; and March 15, 2027, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The RSUs may accelerate under certain conditions pursuant to the Reporting Person's employment agreement. |
F2 | Includes RSUs. |
F3 | Represents RSUs surrendered via a net settlement to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs. |
F4 | The option is exercisable as it vests. 25% of the shares subject to the option vest on February 1, 2024, and 1/48th of the total number of shares subject to the option vest monthly thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The option may accelerate under certain conditions pursuant to the Reporting Person's employment agreement. |