Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZONE | Class B Common Stock | Award | $0 | +87.5K | $0.00 | 87.5K | Apr 30, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZONE | Restricted Stock Unit | Award | $0 | +1.21M | $0.00 | 1.21M | Apr 30, 2024 | Class B Common Stock | 1.21M | $0.00 | Direct | F1 |
Id | Content |
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F1 | On April 30, 2024, the Reporting Person was granted a restricted stock unit under the Issuer's 2022 Equity Incentive Plan for up to 1,300,000 shares of class B common stock, as partial compensation for the Reporting Persons' services as Chief Executive Officer of the Issuer. A total of 87,500 shares of class B common stock underlying the restricted stock unit vested immediately and were issued on the date of grant, with an additional 37,500 shares of class B common stock underlying the restricted stock unit vesting quarterly, beginning on the first quarter following the grant date (June 1, 2024), for the next eight seven quarters. As of the date of this filing, the Reporting Person had voting and control power over 87,500 shares of class B common stock. The remainder of the restricted stock unit will vest in accordance if the Reporting Person meets certain performance-based objectives related to the Issuer. |