Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RGTI | Common Stock | Sale | -$18.3K | -9.27K | -1.04% | $1.97 | 880K | Mar 18, 2024 | Direct | F1, F2 |
transaction | RGTI | Common Stock | Award | $0 | +500K | +56.79% | $0.00 | 1.38M | Mar 18, 2024 | Direct | F3 |
Id | Content |
---|---|
F1 | The sales reported in this Form 4 represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of restricted stock units ("RSUs"). |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.945 to $2.045 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F3 | Represents an RSU award. One-twenty fourth (1/24th) of the total number of RSUs (rounded down, except for the final scheduled vesting installment) will vest on the 20th day of each month commencing in April 2024, subject to the Reporting Person's continuous service with the Issuer through each such vesting date. |