Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACRS | Employee Stock Option (Right to Buy) | Award | $0 | +207K | $0.00 | 207K | Feb 1, 2024 | Common Stock | 207K | $1.20 | Direct | F1 | |
transaction | ACRS | Restricted Stock Units | Award | $0 | +59K | $0.00 | 59K | Feb 1, 2024 | Common Stock | 59K | Direct | F2, F3 | ||
transaction | ACRS | Restricted Stock Units | Award | $0 | +148K | $0.00 | 148K | Feb 1, 2024 | Common Stock | 148K | Direct | F2, F4 |
Id | Content |
---|---|
F1 | Exercisable with respect to 25% of the shares subject to the option vesting in four equal installments on the first, second, third and fourth anniversaries of February 1, 2024, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date. |
F2 | Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. |
F3 | The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 1, 2024, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date. |
F4 | 50% of the shares underlying these restricted stock units vest on each of December 31, 2024 and December 31, 2025, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date. |