Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AI | Restricted Stock Units | Award | $0 | +537K | $0.00 | 537K | Sep 11, 2024 | Class A Common Stock | 537K | Direct | F1, F2 | ||
transaction | AI | Stock Option (Right to Buy) | Award | $0 | +886K | $0.00 | 886K | Sep 11, 2024 | Class A Common Stock | 886K | $23.55 | Direct | F3 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. |
F2 | 1/3rd of the RSUs shall vest on September 11, 2025 and 1/12th of the RSUs shall vest quarterly thereafter, so long as the Reporting Person continues to provide services through such vesting date. |
F3 | 1/3rd of the shares subject to the option grant shall vest on September 11, 2025, and 1/3rd of the shares subject to the option grant shall vest annually thereafter, so long as the Reporting Person continues to provide services through such vesting date. |