Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NTRA | Common Stock | Award | +10K | +9.21% | 119K | Aug 12, 2024 | Direct | F1, F2 | ||
transaction | NTRA | Common Stock | Sale | -$462K | -3.96K | -3.34% | $116.67 | 115K | Aug 13, 2024 | Direct | F3 |
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 | On August 12, 2022, the Reporting Person was granted performance-based Restricted Stock Units (RSUs) covering 50,000 shares of Common Stock vesting in tranches upon the Issuer achieving certain specified financial and operating metrics. On August 12, 2024, the achievement of milestones for the vesting of RSUs covering 10,000 shares of Common Stock was certified. |
F2 | Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. |
F3 | The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on August 12, 2022. |