Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FTDR | Restricted Stock Units | Award | $0 | +32.2K | $0.00 | 32.2K | Mar 27, 2023 | Common Stock | 32.2K | Direct | F1, F2 | ||
transaction | FTDR | Employee Stock Option (right to buy) | Award | $0 | +81.7K | $0.00 | 81.7K | Mar 27, 2023 | Common Stock | 81.7K | $26.42 | Direct | F3 |
Id | Content |
---|---|
F1 | Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. |
F2 | Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on March 27, 2023 and vest and settle in three equal installments on March 27, 2024, 2025 and 2026, subject to continued service with the Company. |
F3 | The service condition will fully vest one year from the grant date, on March 27, 2024. The performance-vesting criteria will vest in three performance tranches of 17,219, 26,613 and 37,909 shares respectively, each with a separate performance condition based on the volume-weighted average price of the Company's common stock on the NASDAQ of $32.23, $35.14 and $38.31, respectively, over any 20 consecutive trading-day period beginning on the grant date and ending on March 27, 2027, subject to continued service with the Company. |