Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBCN | Restricted Stock Units | Award | +25K | 25K | Dec 28, 2021 | Common Stock | 25K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
F2 | One half of such units will vest if prior to December 28, 2025, the 15-trading day average closing price of the Company's common stock is greater than or equal to the target prices of $12.00 and $13.00, respectively. |
F3 | Restricted stock units were granted as part of Mr. Brog's compensation as an employee of the Company. |