Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STOK | Employee Stock Option (Right to Buy) | Disposed to Issuer | -65.6K | -100% | 0 | Dec 1, 2023 | Common Stock | 65.6K | $60.00 | Direct | F1, F2 | ||
transaction | STOK | Restricted Stock Unit (RSU) | Award | $0 | +8.46K | $0.00 | 8.46K | Dec 1, 2023 | Common Stock | 8.46K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | The canceled option vested as to 1/48th of the total award on April 2, 2021 and provided for 1/48th of the total award to vest monthly thereafter, subject to the reporting person's continued service to the Issuer through each vesting date. |
F2 | On December 1, 2023, the Issuer cancelled, pursuant to the Issuer's option exchange program, options to purchase 65,600 shares of Common Stock of the Issuer and in exchange issued to the reporting person 8,463 restricted stock units. |
F3 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
F4 | 7,053 restricted stock units will vest on December 1, 2024 and 1,410 will vest on December 1, 2025, subject to the reporting person's continued service to the Issuer on each such date. |