Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | S | Class A Common Stock | Sale | -$41.7K | -1.72K | -1.07% | $24.21 | 160K | Jun 6, 2022 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. These sales are mandated by the Issuer's election under its equity incentive plan to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. |
F2 | Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. |