Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SSNC | Stock Option (right to buy) | Award | $0 | +178K | $0.00 | 178K | Feb 22, 2024 | Common Stock | 178K | $68.52 | Direct | F1 | |
transaction | SSNC | Stock Option (right to buy) | Award | $0 | +219K | $0.00 | 219K | Feb 22, 2024 | Common Stock | 219K | $64.54 | Direct | F2 | |
transaction | SSNC | Restricted Stock Units | Award | $0 | +58.1K | $0.00 | 58.1K | Feb 22, 2024 | Common Stock | 58.1K | Direct | F3 |
Id | Content |
---|---|
F1 | On March 17, 2021, the reporting person was granted a stock option to purchase a target number of 225,000 shares of common stock which vests based on the achievement of certain performance criteria over a 2021-2023 performance period, subject to the reporting persons continued employment through the final determination of the satisfaction of the performance goals. On February 22, 2024, the performance criteria applicable to the option were certified, resulting in vesting of the option as to 178,245 shares. |
F2 | Represents a time-vesting stock option, which vests as to one quarter on February 22, 2025 and then 1/36 each month thereafter until fully vested on the fourth anniversary of the date of grant. |
F3 | The Restricted Stock Units vest 1/3 on each of February 22, 2025, 2026 and 2027. |