| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +153K | +65.13% | $0.00 | 387K | Jun 17, 2024 | Direct | F1, F2 |
| transaction | IOT | Class A Common Stock | Sale | -$2.83M | -96K | -4.74% | $29.47 | 1.93M | Jun 20, 2024 | See footnote | F1, F3, F4, F5 |
| holding | IOT | Class A Common Stock | 134K | Jun 17, 2024 | See footnote | F6 | |||||
| holding | IOT | Class A Common Stock | 538K | Jun 17, 2024 | See footnote | F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class B Common Stock | Options Exercise | $0 | -153K | -42.86% | $0.00 | 203K | Jun 17, 2024 | Class B Common Stock | 153K | Direct | F8, F9, F10 | |
| transaction | IOT | Class B Common Stock | Options Exercise | $0 | +153K | $0.00 | 153K | Jun 17, 2024 | Class A Common Stock | 153K | $0.00 | Direct | F10 | |
| transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -153K | -100% | $0.00* | 0 | Jun 17, 2024 | Class A Common Stock | 153K | $0.00 | Direct | F10 |
| holding | IOT | Class B Common Stock | 78.7M | Jun 17, 2024 | Class A Common Stock | 78.7M | $0.00 | See footnote | F5, F10 | |||||
| holding | IOT | Class B Common Stock | 1.28M | Jun 17, 2024 | Class A Common Stock | 1.28M | $0.00 | See footnote | F10, F11 | |||||
| holding | IOT | Class B Common Stock | 664K | Jun 17, 2024 | Class A Common Stock | 664K | $0.00 | See footnote | F10, F12 | |||||
| holding | IOT | Class B Common Stock | 16.3M | Jun 17, 2024 | Class A Common Stock | 16.3M | $0.00 | See footnote | F7, F10 | |||||
| holding | IOT | Class B Common Stock | 664K | Jun 17, 2024 | Class A Common Stock | 664K | $0.00 | See footnote | F10, F13 | |||||
| holding | IOT | Class B Common Stock | 1.29M | Jun 17, 2024 | Class A Common Stock | 1.29M | $0.00 | See footnote | F10, F14 | |||||
| holding | IOT | Class B Common Stock | 4.22M | Jun 17, 2024 | Class A Common Stock | 4.22M | $0.00 | See footnote | F6, F10 | |||||
| holding | IOT | Class B Common Stock | 250K | Jun 17, 2024 | Class A Common Stock | 250K | $0.00 | See footnote | F10, F15 | |||||
| holding | IOT | Class B Common Stock | 250K | Jun 17, 2024 | Class A Common Stock | 250K | $0.00 | See footnote | F10, F16 | |||||
| holding | IOT | Class B Common Stock | 250K | Jun 17, 2024 | Class A Common Stock | 250K | $0.00 | See footnote | F10, F17 | |||||
| holding | IOT | Class B Common Stock | 127K | Jun 17, 2024 | Class A Common Stock | 127K | $0.00 | See footnote | F10, F18 | |||||
| holding | IOT | Class B Common Stock | 127K | Jun 17, 2024 | Class A Common Stock | 127K | $0.00 | See footnote | F10, F19 |
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 number of shares held reflects the transfer of 179,578 shares of Class A Common Stock from the Reporting Person to John C. Bicket, Trustee of the John C. Bicket Revocable Trust u/a/d 2/15/2013, over which the Reporting Person has voting or investment power (the "Bicket Revocable Trust"). |
| F2 | These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. |
| F3 | The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2023 by the Bicket Revocable Trust. |
| F4 | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $29.10 to $30.095, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. |
| F5 | Consists of shares held by the Bicket Revocable Trust. |
| F6 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I u/a/d 11/10/2021, over which the Reporting Person has voting or investment power. |
| F7 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust II u/a/d 10/8/2021, over which the Reporting Person has voting or investment power. |
| F8 | The reported shares represent RSUs, of which 152,564 shares vested on June 17, 2024 and the remaining shares vest in quarterly installments through December 15, 2024. |
| F9 | Each RSU represents a contingent right to receive one share of Class B Common Stock. |
| F10 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. |
| F11 | Consists of shares held by John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/20, over which the Reporting Person has voting or investment power. |
| F12 | Consists of shares held by John C. Bicket, Trustee of the John C. Bicket 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power. |
| F13 | Consists of shares held by CBD, Trustee of the CBD 2023 Annuity Trust u/a/d 1/22/2023, over which the Reporting Person has voting or investment power. |
| F14 | Consists of shares held by the Reporting Person's spouse. |
| F15 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo ACDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power. |
| F16 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A fbo JCDB u/a/d 11/10/2021, over which the Reporting Person has voting or investment power. |
| F17 | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I-A u/a/d 11/10/2021, over which the Reporting Person has voting or investment power. |
| F18 | Consists of shares held by John C. Bicket, Trustee of The John C. Bicket 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power. |
| F19 | Consists of shares held by CBD, Trustee of the CBD 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power. |
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