| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EW | Common Stock | Options Exercise | $0 | +20.8K | +34.09% | $0.00 | 81.7K | May 7, 2023 | Direct | F1 |
| transaction | EW | Common Stock | Options Exercise | $1.03M | +29.4K | +35.94% | $35.20 | 111K | May 10, 2023 | Direct | F2 |
| transaction | EW | Common Stock | Sale | -$532K | -5.98K | -5.39% | $88.94 | 105K | May 10, 2023 | Direct | F2, F3 |
| transaction | EW | Common Stock | Gift | $0 | -9.5K | -9.04% | $0.00 | 95.6K | May 10, 2023 | Direct | |
| transaction | EW | Common Stock | Sale | -$1.23M | -13.9K | -14.53% | $88.29 | 81.7K | May 10, 2023 | Direct | F2, F4 |
| transaction | EW | Common Stock | Gift | $0 | +9.5K | +0.26% | $0.00 | 3.62M | May 10, 2023 | By Living Trust | |
| holding | EW | Common Stock | 372K | May 7, 2023 | 401(k) |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EW | Performance Rights | Options Exercise | $0 | -20.8K | -78.48% | $0.00 | 5.7K | May 7, 2023 | Common Stock | 20.8K | Direct | F1 | |
| transaction | EW | Employee Stock Option (Right to Acquire) | Options Exercise | $0 | -29.4K | -100% | $0.00* | 0 | May 10, 2023 | Common Stock | 29.4K | $35.20 | Direct |
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 | On May 8, 2019, the Reporting Person was granted a target number of shares covered by restricted stock units with performance-based vesting requirements over a three-year performance period. On May 2, 2022, the Compensation Committee of the Board of Directors determined that 175% of the target number of shares would vest as of May 8, 2022, and the actual number of shares vested are reflected on this Form 4. |
| F2 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2022. |
| F3 | This transaction was executed in multiple trades at prices ranging from $88.84 to $89.25 The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| F4 | This transaction was executed in multiple trades at prices ranging from $87.83 to $88.83 The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
This Form 4 reflects changes in beneficial ownership only; it does not identify other securities of the Issuer beneficially owned by the Reporting Person.