Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Class A Common Stock | Options Exercise | $0 | +24.6K | +9.53% | $0.00 | 283K | Sep 15, 2024 | Direct | |
transaction | ZIP | Class A Common Stock | Tax liability | -$120K | -12.2K | -4.32% | $9.80 | 270K | Sep 15, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Restricted Stock Units | Options Exercise | $0 | -6.25K | -20% | $0.00 | 25K | Sep 15, 2024 | Class A Common Stock | 6.25K | $0.00 | Direct | F2, F3, F4 |
transaction | ZIP | Restricted Stock Units | Options Exercise | $0 | -7.14K | -10% | $0.00 | 64.3K | Sep 15, 2024 | Class A Common Stock | 7.14K | $0.00 | Direct | F2, F4, F5 |
transaction | ZIP | Restricted Stock Units | Options Exercise | $0 | -11.2K | -7.14% | $0.00 | 146K | Sep 15, 2024 | Class A Common Stock | 11.2K | $0.00 | Direct | F2, F4, F6 |
Id | Content |
---|---|
F1 | Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units (the "RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes. |
F2 | Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. |
F3 | The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on December 15, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F4 | RSUs do not expire; they either vest or are canceled prior to vesting date. |
F5 | The RSUs vest and are scheduled to settle as to 1/16 of the total shares quarterly beginning on March 15, 2023 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F6 | The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2024 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |