Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BL | Common Stock | Tax liability | -$422K | -7.34K | -7.11% | $57.45 | 95.8K | Feb 20, 2024 | Direct | F1 |
transaction | BL | Common Stock | Sale | -$575K | -10K | -10.44% | $57.45 | 85.8K | Feb 20, 2024 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units. |
F2 | The sale transaction reported on this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 14, 2023. |
F3 | The sale price represents the weighted-average price of the shares sold ranging from $56.65 to $57.57 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price with the range set forth in this Form 4. |