Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KITT | RSU | Award | $0 | +42.2K | $0.00 | 42.2K | Oct 7, 2022 | Common Stock | 42.2K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries. |
F2 | 33 1/3% of the RSUs vest on December 31 of each of 2023, 2024 and 2025. |