Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AGFY | Restricted Stock Unit | Award | $0 | +60.9K | $0.00 | 60.9K | Apr 24, 2024 | Common Stock | 60.9K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Grant of restricted stock units under the Agrify Corporation 2022 Omnibus Equity Incentive Plan (the "Plan"). The restricted stock units were granted in lieu of cash compensation that would otherwise be owed to the reporting person. |
F2 | Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the issuer. |
F3 | 100% of the restricted stock unit will vest on April 24, 2025, subject to obtaining shareholder approval for an increase in shares available under the Plan sufficient to grant the units, and subject to the reporting person's continuous service through such vesting date. |