Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | OS | Class A Common Stock | 485K | Jul 24, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | OS | Stock Option (right to buy) | Jul 24, 2024 | Class A Common Stock | 32.1K | $5.99 | Direct | F1 | ||||||
holding | OS | Class D Common Stock | Jul 24, 2024 | Class A Common Stock | 1.49M | $0.00 | Direct | F2 | ||||||
holding | OS | Class D Common Stock | Jul 24, 2024 | Class A Common Stock | 419K | $0.00 | Terrance W. Shea Irrevocable Trust dated June 14, 2024 | F2, F3 |
Id | Content |
---|---|
F1 | One-fourth of the shares subject to the option vested on March 1, 2022, and 1/48th of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing to be a service provider through the applicable vesting date. |
F2 | The Class D Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. Each outstanding share of Class D Common Stock will automatically convert into one share of our Class A Common Stock on the first trading day following the seventh anniversary of the Issuer's initial public offering. |
F3 | Mr. Shea serves as the trustee of the Terrance W. Shea Irrevocable Trust dated June 14, 2024 and has sole voting and investment power over these shares. |