Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AX | Restricted Stock Units | Award | $0 | +4.29K | +95.31% | $0.00 | 8.79K | Nov 14, 2024 | Common Stock | 4.29K | Direct | F1, F2, F3 |
Id | Content |
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F1 | The RSUs were granted to the reporting person under the Axos Financial, Inc. Amended and Restated 2014 Stock Incentive Plan in connection with the reporting person's service as a member of the Board of Directors. The number of RSUs granted reflected a change in the compensation applicable to the nonemployee members of the Board of Directors to: (a) change the annual grant date from August of each year to the date of the annual meeting of the stockholders of Axos Financial, Inc.; (b) be based on certain approved dollar amounts (which for certain directors include premiums for service as chairman or vice chairman of the Board of Directors or its committees), divided by the closing stock price on the grant date; and (c) include additional amounts for this year?s grants in light of the delayed grant date for the current year. |
F2 | Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock. |
F3 | The RSUs fully vest on the anniversary date of grant. |