Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACVA | Class A Common Stock | Options Exercise | +84.2K | +39.01% | 300K | Apr 10, 2023 | Direct | F1 | ||
transaction | ACVA | Class A Common Stock | Sale | -$1.02M | -84.2K | -28.06% | $12.08 | 216K | Apr 10, 2023 | Direct | F2, F3 |
transaction | ACVA | Class A Common Stock | Options Exercise | +15.8K | +7.3% | 232K | Apr 11, 2023 | Direct | F1 | ||
transaction | ACVA | Class A Common Stock | Sale | -$191K | -15.8K | -6.8% | $12.14 | 216K | Apr 11, 2023 | Direct | F2, F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACVA | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -84.2K | -18.39% | $0.00 | 374K | Apr 10, 2023 | Class B Common Stock | 84.2K | $0.66 | Direct | F5 |
transaction | ACVA | Class B Common Stock | Options Exercise | $55.6K | +84.2K | +60.11% | $0.66* | 224K | Apr 10, 2023 | Class A Common Stock | 84.2K | Direct | F1, F6 | |
transaction | ACVA | Class B Common Stock | Conversion of derivative security | $0 | -84.2K | -37.54% | $0.00 | 140K | Apr 10, 2023 | Class A Common Stock | 84.2K | Direct | F1, F6 | |
transaction | ACVA | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -15.8K | -4.22% | $0.00 | 358K | Apr 11, 2023 | Class B Common Stock | 15.8K | $0.66 | Direct | F5 |
transaction | ACVA | Class B Common Stock | Options Exercise | $10.4K | +15.8K | +11.24% | $0.66* | 156K | Apr 11, 2023 | Class A Common Stock | 15.8K | Direct | F1, F6 | |
transaction | ACVA | Class B Common Stock | Conversion of derivative security | $0 | -15.8K | -10.11% | $0.00 | 140K | Apr 11, 2023 | Class A Common Stock | 15.8K | Direct | F1, F6 |
Id | Content |
---|---|
F1 | Each share of Class B Common Stock is convertible at any time at the option of the reporting person into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into shares of Class A common stock, on a one-to-one basis, upon the following: (1) the sale or transfer of such share of Class B Common Stock, subject to certain exceptions specified in the Issuer's amended and restated certificate of incorporation; (2) the death of the reporting person; and (3) the final conversion date, defined as the earlier of (a) the last trading day of the fiscal quarter immediately following the tenth anniversary of the effective date of the Issuer's tenth amended and restated certificate of incorporation; (b) the last trading day of the fiscal quarter during which the then-outstanding shares of Class B Common Stock first represent less than 5% of the aggregate number of then-outstanding shares of Class A Common Stock and Class B Common Stock. |
F2 | Shares sold pursuant to a Rule 10b5-1 trading plan entered into on 2/24/2023. |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.88 to $12.24 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.91 to $12.25 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F5 | One-fourth (1/4th) of the shares subject to the option award vested June 7, 2019, and thereafter one-forty-eighth of the shares subject to the option award vest monthly, subject to the Reporting Person's continuous service. |
F6 | Includes shares previously reported as restricted stock units. |