| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EW | Common Stock | Options Exercise | $0 | +20,777 | +34% | $0.000000 | 81,725 | 07 May 2023 | Direct | F1 |
| transaction | EW | Common Stock | Options Exercise | $1,033,903 | +29,375 | +36% | $35.20 | 111,100 | 10 May 2023 | Direct | F2 |
| transaction | EW | Common Stock | Sale | $532,217 | -5,984 | -5.4% | $88.94 | 105,116 | 10 May 2023 | Direct | F2, F3 |
| transaction | EW | Common Stock | Gift | $0 | -9,500 | -9% | $0.000000 | 95,616 | 10 May 2023 | Direct | |
| transaction | EW | Common Stock | Sale | $1,226,436 | -13,891 | -15% | $88.29 | 81,725 | 10 May 2023 | Direct | F2, F4 |
| transaction | EW | Common Stock | Gift | $0 | +9,500 | +0.26% | $0.000000 | 3,616,922 | 10 May 2023 | By Living Trust | |
| holding | EW | Common Stock | 371,690 | 07 May 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 | -20,777 | -78% | $0.000000 | 5,698 | 07 May 2023 | Common Stock | 20,777 | Direct | F1 | |
| transaction | EW | Employee Stock Option (Right to Acquire) | Options Exercise | $0 | -29,375 | -100% | $0.000000* | 0 | 10 May 2023 | Common Stock | 29,375 | $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.