Marje Armstrong - May 22, 2023 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Signature
/s/ Jennifer S. Grafton by Power of Attorney
Stock symbol
ETWO
Transactions as of
May 22, 2023
Transactions value $
-$59,473
Form type
4
Date filed
5/24/2023, 06:00 PM
Previous filing
May 9, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETWO Class A Common Stock Options Exercise +32.9K +51.8% 96.3K May 23, 2023 Direct F1
transaction ETWO Class A Common Stock Tax liability -$59.5K -13.3K -13.82% $4.47 83K May 23, 2023 Direct

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 Options Exercise -28.2K -33.33% 56.3K May 22, 2023 Class A Common Stock 28.2K Direct F2
transaction ETWO Restricted Stock Units Options Exercise -4.69K -24.99% 14.1K May 22, 2023 Class A Common Stock 4.69K 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 Each restricted stock unit represented a contingent right to receive a share of ETWO common stock based on a three-year time-based vesting schedule. On May 21, 2023, the first third of the RSUs vested. As May 21, 2023 was a Sunday, the official vesting event occurred on May 22, 2023. The remaining 2/3s of the RSUs will vest on May 21, 2024, and 2025 subject to continued employment with E2open.
F3 Each restricted stock unit represented a contingent right to receive a share of ETWO common stock based on performance, which was previously disclosed, and a four-year time-based vesting schedule. On May 21, 2023, the first quarter of the RSUs vested. As May 21, 2023 was a Sunday, the official vesting event occurred on May 22, 2023. The remaining 3/4ths of the RSUs will vest on May 21, 2024, 2025 and 2026 subject to continued employment with E2open.