| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NOTE | Class A Common Stock | Sale | -$5.92K | -2.94K | -1.84% | $2.02 | 157K | Sep 7, 2023 | Direct | F1 |
| transaction | NOTE | Class A Common Stock | Sale | -$1.62K | -806 | -0.51% | $2.02 | 156K | Sep 7, 2023 | Direct | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 represent shares sold to satisfy the reporting person's tax obligations upon the vesting of 6,250 restricted stock units in a sell-to-cover transaction pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and the Issuer on May 14, 2023. |
| F2 | The sales reported on this Form 4 represent shares sold to satisfy the reporting person's tax obligations upon the vesting of 1,714 restricted stock units in a sell-to-cover transaction pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and the Issuer on May 14, 2023. |
Chief Financial Officer and Senior Vice President of Corporate Development