Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ETWO | Restricted Stock Units | Award | $0 | +38.5K | $0.00 | 38.5K | Apr 26, 2024 | Class A Common Stock | 38.5K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of ETWO common stock. |
F2 | The restricted stock units vest in four equal annual installments beginning May 1, 2024. The restricted stock units were initially granted May 1, 2023 subject to achieving a fiscal year 2024 organic revenue growth, net bookings and adjusted EBITDA metric. On April 26, 2024, the Compensation Committee determined that performance of the key financial metrics was less than original Plan Target resulting in the issuance of a below-target number of restricted stock units. |