Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBCN | Common Stock | Options Exercise | $0 | +12.5K | +12.07% | $0.00 | 116K | Jul 13, 2022 | Direct | F1 |
transaction | RBCN | Common Stock | Tax liability | -$101K | -6.35K | -5.47% | $15.84 | 110K | Jul 13, 2022 | Direct | F2 |
Id | Content |
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F1 | On December 28, 2021, the reporting person was granted 25,000 restricted stock units ("RSUs"). One half of such RSUs would 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. On July 13, 2022, 12,500 of such RSUs vested based upon their terms. |
F2 | As permitted under the Company's 2016 Stock Incentive Plan, on July 13, 2022, the Company withheld 6,346 shares of common stock from the reporting person to pay certain Medicare, Income Withholding and other payroll taxes in connection with the vesting of such RSUs |