Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPRB | Common Stock | Options Exercise | $0 | +111K | +319.84% | $0.00 | 146K | Dec 15, 2023 | Direct | F1, F2 |
transaction | SPRB | Common Stock | Tax liability | -$63.7K | -38.4K | -26.34% | $1.66 | 107K | Dec 15, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPRB | Restricted Stock Units | Award | $0 | +718K | $0.00 | 718K | Dec 14, 2023 | Common Stock | 718K | $0.00 | Direct | F2, F3, F4 | |
transaction | SPRB | Restricted Stock Units | Options Exercise | $0 | -111K | -25% | $0.00 | 333K | Dec 15, 2023 | Common Stock | 111K | $0.00 | Direct | F1, F2, F5 |
Id | Content |
---|---|
F1 | On December 5, 2022, the Reporting Person was granted 444,000 time-based restricted stock units ("RSUs"), subject to a 4-year vesting schedule, with 25% of the total number of RSUs to vest on December 15, 2023 (the "Annual Vesting Date") and 25% of the total number of RSUs to vest in annual installments on each anniversary of the Annual Vesting Date thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan). On December 15, 2023, 111,000 RSUs vested, with 38,384 shares being withheld for taxes, resulting in a net issuance of 72,616 shares. |
F2 | Each RSU represents a contingent right to receive one share of SPRB common stock. |
F3 | 358,800 of the RSUs shall vest as to 25% on December 15, 2024, and in equal annual installments thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan). |
F4 | 358,800 of the RSUs shall vest upon the achievement of specified performance goals, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan). |
F5 | Represents the aggregate balance of 333,000 time-based RSUs. |