| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NN | Common Stock | Sale | -$104K | -22.5K | -1.17% | $4.61 | 1.9M | Nov 21, 2023 | Direct | F1 |
| transaction | NN | Common Stock | Sale | -$270K | -62.1K | -3.27% | $4.34 | 1.84M | Nov 22, 2023 | Direct | F1 |
| holding | NN | Common Stock | 628K | Nov 21, 2023 | By Trust | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). |
| F2 | Represents common stock held by the Ganesh M Pattabiraman Family Trust of which Ganesh Pattabiraman and Amuradha Srikantan are the trustees. |