Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACHR | Restricted Stock Units | Award | $0 | +54.6K | $0.00 | 54.6K | Jun 21, 2024 | Class A Common Stock | 54.6K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer as of the applicable vesting date. |
F2 | The entire award will vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2025 annual stockholders' meeting. |
F3 | These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |