Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UUUU | Stock Appreciation Rights ("SARs") | Award | $0 | +20.8K | +231.89% | $0.00 | 29.8K | Jan 25, 2022 | Common Shares | 20.8K | $6.47 | Direct |
1. Reflects grant of 11,435 restricted stock units ("RSUs") which vest as follows: 50% on 01/27/2023; 25% on 01/27/2024; 25% on 01/27/2025. 2. Reflects grant of 20,833 stock appreciation rights ("SARs") which vest as follows: one-third of SARs automatically vest upon the volume weighted average price ("VWAP") of the Issuer's common stock on the NYSE American equaling or exceeding US$12.00 for any continuous 90-calendar-day period; another one-third of SARs automatically vest upon the VWAP of the Issuer's common stock on the NYSE American equaling or exceeding US$14.00 for any continuous 90-calendar-day period; and the final one-third vest upon the VWAP of the Issuer's common stock on the NYSE American equaling or exceeding US$16.00 for any continuous 90-calendar-day period. 3. Notwithstanding any vesting of any SARs, no SARs may be exercised until January 25, 2023, being the date that is one year after the date of grant.