Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | OS | Common Units | Jul 24, 2024 | Class A Common Stock | 325K | $0.00 | Direct | F1 | ||||||
holding | OS | Common Units | Jul 24, 2024 | Class A Common Stock | 46.1K | $0.00 | See footnote | F1, F2 | ||||||
holding | OS | Common Units | Jul 24, 2024 | Class A Common Stock | 46.1K | $0.00 | See footnote | F1, F3 | ||||||
holding | OS | Stock Option (right to buy) | Jul 24, 2024 | Class A Common Stock | 50K | $16.40 | Direct | F4 | ||||||
holding | OS | Stock Option (right to buy) | Jul 24, 2024 | Class A Common Stock | 135K | $20.00 | Direct | F5 |
Id | Content |
---|---|
F1 | The Common Units may be redeemed by the Reporting Person at any time on or following the closing of the Initial Public Offering for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class C Common Stock will be forfeited in connection with the redemption. The Common Units have no expiration date. |
F2 | The Common Units held of record by the Jonathan D. Mariner Revocable Trust, or the Mariner Revocable Trust, of which the Reporting Person is a trustee. By virtue of his relationship, the Reporting Person may be deemed to hold voting and dispositive power with respect to the Common Units held by the Mariner Revocable Trust. |
F3 | The Common Units held of record by the Mariner Family Equity Trust, of which the Reporting Person is trustee. By virtue of his relationship, the Reporting Person may be deemed to hold voting and dispositive power with respect to the Common Units held by the Mariner Family Equity Trust. |
F4 | One-fourth of the shares subject to the option shall vest on May 31, 2025, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person continuing to be a service provider through the applicable vesting date. |
F5 | One-sixteenth of the shares subject to the option shall vest October 23, 2024, and one-sixteenth of the shares subject to the option shall vest every three months thereafter, subject to the Reporting Person continuing to be a service provider through the applicable vesting date. |