Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FBYD | Common Stock | Award | $0 | +15K | $0.00 | 15K | Dec 21, 2023 | Direct | F1 |
Id | Content |
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F1 | Represents shares of common stock, par value $0.0001 per share ("Common Stock") underlying restricted stock units ("RSUs") granted to the reporting person on December 21, 2023 (the "Grant Date") pursuant to the Issuer's 2023 Equity Incentive Plan. The RSUs will vest, subject to the reporting person's continued employment or service through the applicable vesting date: (1) 15% of the RSUs shall vest on the first anniversary of the Grant Date; (2) 17.5% of the RSUs shall vest on the second anniversary of the Grant Date; (3) 20% of the RSUs shall vest on the third anniversary of the Grant Date; (4) 22.5% of the RSUs shall vest on the fourth anniversary of the Grant Date; and (5) 25% of the RSUs shall vest on the fifth anniversary of the Grant Date. Each RSU represents the right to receive one share of Common Stock upon vesting. |