Pawan Joshi - Apr 10, 2023 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role
EVP, Product Mgmt & Strategy
Signature
/s/ Jennifer S. Grafton by Power of Attorney
Stock symbol
ETWO
Transactions as of
Apr 10, 2023
Transactions value $
$0
Form type
4
Date filed
4/12/2023, 04:21 PM
Previous filing
Mar 20, 2023
Next filing
May 3, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ETWO Restricted Stock Units Award $0 +18.8K $0.00 18.8K Apr 10, 2023 Class A Common Stock 18.8K Direct F1, F2
transaction ETWO Stock Option Award $0 +39.8K $0.00 39.8K Apr 10, 2023 Class A Common Stock 39.8K $7.76 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of ETWO common stock.
F2 The restricted stock units vest in four equal annual installments beginning May 21, 2023. The restricted stock units were initially granted May 21, 2022 subject to achieving a fiscal year 2023 organic revenue growth, net bookings and adjusted EBITDA metric. On April 10, 2023, the Compensation Committee determined that 22.9% of the original collective targets had been achieved resulting in the issuance of a below-target number of restricted stock units.
F3 The options were initially granted May 13, 2022 subject to achieving a fiscal year 2023 organic revenue growth, net bookings and adjusted EBITDA metric. On April 10, 2023, the Compensation Committee determined that 22.9% of the original collective targets had been achieved resulting in the issuance of a below-target number of options. The options vest in four installments on May 13, 2023, 2024, 2025 and 2026.