Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JSDA | Restricted Stock Units | Award | $0 | +420K | $0.00 | 420K | May 27, 2022 | Common Stock | 420K | Direct | F1, F2 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the issuer's common stock on the applicable vesting date. |
F2 | The RSUs vest into shares of the issuer's common stock on a one-for-one basis in accordance with the following vesting schedule: 140,000 RSUs on February 15, 2023, 140,000 RSUs on February 15, 2024 and the remaining 140,000 RSUs on February 15, 2025. All RSUs will immediately vest upon the occurrence of a "Change in Control" as defined in the issuer's 2022 Omnibus Equity Incentive Plan. |