Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MODV | Common Stock | 1.14K | Apr 28, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | MODV | Employee Stock Option (Right to Buy) | Apr 28, 2022 | Common Stock | 3.26K | $109.70 | Direct | F2 | ||||||
holding | MODV | Performance Restricted Stock Units | Apr 28, 2022 | Common Stock | 2.28K | Direct | F3 |
Id | Content |
---|---|
F1 | Represents restricted stock units scheduled to vest as follows: (1) 380 shares will vest on April 11, 2023, (2) 379 shares will vest on April 11, 2024 and (3) 380 shares will vest on April 11, 2025, in each case, subject to the reporting person's continued employment. |
F2 | Option becomes exercisable with respect to: (1) 1,087 shares on April 11, 2023, (2) 1,088 shares on April 11, 2024 and (3) 1,087 shares on April 11, 2025, in each case, subject to the reporting person's continued employment. |
F3 | Represents the contingent right to receive at the expiration of a three-year vesting period beginning on the April 11, 2022 grant date a number of shares of issuer common stock determined by multiplying the number of performance units by a percentage from 50% to 200% that corresponds to specified share price thresholds measured by reference to a volume-weighted average price (VWAP) of the issuer's common stock over a specified period of trading days achieved at any time during the vesting period of the award, subject to the reporting person's continued employment throughout the vesting period. The number of shares of common stock reported assumes a VWAP performance target achieved that corresponds to a 100% payout level. Vested shares of common stock, if any, are to be delivered within ten business days following the expiration of the vesting period. |
Exhibit Index: Exhibit 24 - Power of Attorney