| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SFT | Class A Common Stock | Purchase | $71.2K | +10K | +0.33% | $7.12 | 3.01M | May 27, 2021 | Direct | F1, F2 |
| transaction | SFT | Class A Common Stock | Sale | -$57 | -8 | 0% | $7.14 | 3.01M | May 27, 2021 | Direct | F2, F3 |
| holding | SFT | Class A Common Stock | 132K | May 27, 2021 | Held by IGA Holdings, LLC | F4 | |||||
| holding | SFT | Class A Common Stock | 205K | May 27, 2021 | Held by Irakly George LLC | F5 |
| Id | Content |
|---|---|
| F1 | Price reported constitutes the average weighted price of shares purchased. Shares were purchased at varying prices in the range of $7.0899 - $7.1450. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares purchased at each separate price. |
| F2 | Includes 106,086 shares held in escrow ("Additional Shares"). If the reported closing sale price of the Company's common stock does not exceed $12.00 per share for 20 out of any 30 consecutive trading days during the first 12 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow. If the reported closing sale price of our common stock does not exceed $15.00 per share for 20 out of any 30 consecutive trading days during the first 30 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow. |
| F3 | The reporting person's sale of 8 shares reported herein was matchable under Section 16(b) of the Securities Exchange Act with the reporting person's purchase of 8 shares at a price of $7.0899 reported herein. The reporting person voluntarily agreed to disgorge the amount of $0.42 to the Company on June 1, 2021, representing the maximum calculable profit realized in connection with the short-swing transaction. |
| F4 | Includes 18,901 Additional Shares. If the reported closing sale price of the Company's common stock does not exceed $12.00 per share for 20 out of any 30 consecutive trading days during the first 12 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow. If the reported closing sale price of our common stock does not exceed $15.00 per share for 20 out of any 30 consecutive trading days during the first 30 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow. |
| F5 | Includes 29,216 Additional Shares. If the reported closing sale price of the Company's common stock does not exceed $12.00 per share for 20 out of any 30 consecutive trading days during the first 12 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow. If the reported closing sale price of our common stock does not exceed $15.00 per share for 20 out of any 30 consecutive trading days during the first 30 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow. |
Co-Chief Executive Officer and Chairman of the Board.