| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EW | Common Stock | Options Exercise | $404K | +11K | +27.85% | $36.75 | 50.5K | Feb 13, 2024 | Direct | F1 |
| transaction | EW | Common Stock | Sale | -$40.6K | -470 | -0.93% | $86.35 | 50K | Feb 13, 2024 | Direct | F1, F2 |
| transaction | EW | Common Stock | Sale | -$904K | -10.5K | -21.05% | $85.81 | 39.5K | Feb 13, 2024 | Direct | F1, F3 |
| holding | EW | Common Stock | 38.5K | Feb 13, 2024 | 401(k) | F4 | |||||
| holding | EW | Common Stock | 135K | Feb 13, 2024 | By Trust |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EW | Employee Stock Option (Right to Acquire) | Options Exercise | $0 | -11K | -28.95% | $0.00 | 27K | Feb 13, 2024 | Common Stock | 11K | $36.75 | 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 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 2, 2023. |
| F2 | This transaction was executed in multiple trades at prices ranging from $86.34 to $86.35. 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. |
| F3 | This transaction was executed in multiple trades at prices ranging from $85.33 to $86.30. 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 | Reflects shares represented on the most recent statement of the Issuer's 401(k) Plan Administrator. |
This Form 4 reflects changes in beneficial ownership only; it does not identify other securities of the Issuer beneficially owned by the Reporting Person.