Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GRTS | Common Stock | Award | $0 | +105K | +13.22% | $0.00 | 899K | Feb 1, 2024 | Direct | F1, F2 |
holding | GRTS | Common Stock | 1.45M | Feb 1, 2024 | See footnote | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GRTS | Stock Option (Right to Buy) | Award | $0 | +615K | $0.00 | 615K | Feb 1, 2024 | Common Stock | 615K | $2.46 | Direct | F4 |
Id | Content |
---|---|
F1 | Represents Restricted Stock Units ("RSUs") of which 1/2 vests on the first anniversary of the grant date, with the remainder of grant vesting on the second anniversary of the grant date, subject to the continued service of the Reporting Person on each vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. |
F2 | Includes 781,145 RSUs which are subject to vesting. |
F3 | The shares are held in the name of the Reporting Person's revocable trust of which the Reporting Person is a co-trustee. The Reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. |
F4 | The option vests as to 1/24th of the total grant monthly beginning February 1, 2024 until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date. |