| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AQMS | Common Stock | Award | $0 | +79,893 | +251% | $0.000000 | 111,726 | 19 Dec 2024 | Direct | F1, F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AQMS | Performance Share Units | Award | $0 | +4,438 | $0.000000 | 4,438 | 19 Dec 2024 | Common Stock | 4,438 | $0.000000 | Direct | F4 | |
| transaction | AQMS | Performance Share Units | Award | $0 | +4,439 | $0.000000 | 4,439 | 19 Dec 2024 | Common Stock | 4,439 | $0.000000 | Direct | F5 | |
| transaction | AQMS | Performance Share Units | Award | $0 | +4,439 | $0.000000 | 4,439 | 19 Dec 2024 | Common Stock | 4,439 | $0.000000 | Direct | F6 | |
| transaction | AQMS | Performance Share Units | Award | $0 | +13,315 | $0.000000 | 13,315 | 19 Dec 2024 | Common Stock | 13,315 | $0.000000 | Direct | F7 |
| Id | Content |
|---|---|
| F1 | Represents 79,893 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. The RSUs will vest and be settled in six equal semi-annual installments over a three year period, subject to the Reporting Person's continuation of service with the Company. These RSUs have been granted under the Company's 2024 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one Common Stock of the issuer. |
| F2 | In addition to the time based vesting requirement of the RSUs, 46,719 RSUs will also have a vesting requirement subject to the approval of sufficient additional shares being approved and added to the 2019 Plan at the 2025 Annual Shareholders Meeting. |
| F3 | Includes 131,889 shares underlying RSUs that are not yet vested and deliverable. |
| F4 | Represents 4,438 shares underlying Performance Share Units (PSU) that vests based on Total Shareholder Return (TSR) which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2025. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile). |
| F5 | Represents 4,439 shares underlying PSUs that vests based on TSR which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2026. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile). |
| F6 | Represents 4,439 shares underlying PSUs that vests based on TSR which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2027. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile). |
| F7 | Represents 13,315 shares underlying PSUs that vests based on Stock price targets that can be achieved anytime during the period but no later than 3 years after the 12/31/2024. PSUs vests based upon hitting stock price hurdles (for five consecutive days closing prices)within three years of 12/31/2024. The stock vest in 3 hurdles, with 1/3 share vesting with a 50% increase in stock price, 1/3 vesting with a 100% increase in stock price and 1/3 vesting with a 150% increase in stock price. The base or starting stock price is calculated as the 30-day average VWAP closing price at 12/31/2024 |