Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EXPE | Performance Stock Units | Award | $0 | +31.3K | $0.00 | 31.3K | Mar 18, 2024 | Common Stock | 31.3K | $0.00 | Direct | F1 | |
transaction | EXPE | Restricted Stock Units | Award | $0 | +31.3K | $0.00 | 31.3K | Mar 18, 2024 | Common Stock | 31.3K | $0.00 | Direct | F2 |
Id | Content |
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F1 | Vesting of the performance stock units ("PSUs") is dependent on two equally weighted financial performance metrics: (i) the compound annual growth rate ("CAGR") of Expedia Group's revenue and (ii) the CAGR of Expedia Group's Adjusted EBITDA, measured over a performance period from January 1, 2024, through December 31, 2026. The "target" number of PSUs is reported. Between 0% and 200% of the target number of PSUs may vest on February 15, 2027, with the actual vesting percentage determined based on the achieved CAGR for each metric, subject to the reporting person's continued employment through the vesting date. The PSUs will be settled in shares of Expedia Group's common stock upon vesting. |
F2 | Date at which first vesting occurs is indicated. One-sixteenth of the total number of restricted stock units vests on May 15, 2024 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested. |