| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +1.21M | +1324.92% | $0.00 | 1.3M | May 23, 2023 | See footnote | F1, F2 |
| transaction | IOT | Class A Common Stock | Sale | -$1.15M | -57.5K | -4.41% | $20.02 | 1.25M | May 23, 2023 | See footnote | F2, F3, F4 |
| transaction | IOT | Class A Common Stock | Sale | -$612K | -32.3K | -2.6% | $18.95 | 1.21M | May 24, 2023 | See footnote | F2, F3, F5 |
| holding | IOT | Class A Common Stock | 1.71M | May 23, 2023 | Direct | F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -1.21M | -1.4% | $0.00 | 85.6M | May 23, 2023 | Class A Common Stock | 1.21M | $0.00 | See footnote | F1, F2, F7 |
| holding | IOT | Class B Common Stock | 127K | May 23, 2023 | Class A Common Stock | 127K | $0.00 | Direct | F7 | |||||
| holding | IOT | Class B Common Stock | 4.16M | May 23, 2023 | Class A Common Stock | 4.16M | $0.00 | See footnote | F7, F8 | |||||
| holding | IOT | Class B Common Stock | 17.3M | May 23, 2023 | Class A Common Stock | 17.3M | $0.00 | See footnote | F7, F9 | |||||
| holding | IOT | Class B Common Stock | 790K | May 23, 2023 | Class A Common Stock | 790K | $0.00 | See footnote | F7, F10 | |||||
| holding | IOT | Class B Common Stock | 250K | May 23, 2023 | Class A Common Stock | 250K | $0.00 | See footnote | F7, F11 | |||||
| holding | IOT | Class B Common Stock | 250K | May 23, 2023 | Class A Common Stock | 250K | $0.00 | See footnote | F7, F12 | |||||
| holding | IOT | Class B Common Stock | 250K | May 23, 2023 | Class A Common Stock | 250K | $0.00 | See footnote | F7, F13 | |||||
| holding | IOT | Class B Common Stock | 250K | May 23, 2023 | Class A Common Stock | 250K | $0.00 | See footnote | F7, F14 | |||||
| holding | IOT | Class B Common Stock | 1.29M | May 23, 2023 | Class A Common Stock | 1.29M | $0.00 | See footnote | F7, F15 | |||||
| holding | IOT | Class B Common Stock | 790K | May 23, 2023 | Class A Common Stock | 790K | $0.00 | See footnote | F7, F16 |
| Id | Content |
|---|---|
| F1 | Represents the conversion of shares of Class B Common Stock held of record by the Reporting Person into shares of Class A Common Stock. |
| F2 | Consists of shares held by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which the Reporting Person has voting or investment power. |
| F3 | The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c). In compliance with SEC guidance, the Reporting Person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). |
| F4 | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $19.74 to $20.50, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
| F5 | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $18.66 to $19.35, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
| F6 | Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. |
| F7 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. |
| F8 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which the Reporting Person has voting or investment power. |
| F9 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which the Reporting Person has voting or investment power. |
| F10 | Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2023 Annuity Trust u/a/d 1/16/2023, over which the Reporting Person has voting or investment power. |
| F11 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A u/a/d 11/11/2021, over which the Reporting Person has voting or investment power. |
| F12 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo REB u/a/d 11/11/2021, over which the Reporting Person has voting or investment power. |
| F13 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo NAmB u/a/d 11/11/2021, over which the Reporting Person has voting or investment power. |
| F14 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I-A fbo NAlB u/a/d 11/11/2021, over which the Reporting Person has voting or investment power. |
| F15 | Consists of shares held by the Reporting Person's spouse. |
| F16 | Consists of shares held by HB, Trustee of the HB 2023 Annuity Trust u/a/d 1/16/2023, over which the Reporting Person has voting or investment power. |