Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MDB | Class A Common Stock | Award | $0 | +3.55K | +7.07% | $0.00 | 53.8K | Apr 3, 2023 | Direct | F1 |
transaction | MDB | Class A Common Stock | Sale | -$164K | -720 | -1.34% | $228.33 | 53.1K | Apr 3, 2023 | Direct | F2, F3 |
holding | MDB | Class A Common Stock | 31.1K | Apr 3, 2023 | By KW Investments SRL | F4 |
Id | Content |
---|---|
F1 | Represents shares of Class A common stock received upon the vesting of a portion of the performance-based restricted stock units ("RSUs") awarded to the Reporting Person on March 11, 2022 under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16. Each RSU represents the contingent right to receive one share of common stock of the Issuer. |
F2 | Represents the sale of shares of Class A common stock to satisfy the Reporting Person's tax withholding obligations in connection with (i) the non-reportable service-based vesting and settlement of restricted stock units and (ii) the performance-based vesting and settlement of the above-listed RSUs. |
F3 | The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $228.33 to $228.64, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
F4 | KW Investments SRL is an Italian limited liability company owned by the Reporting Person and the Reporting Person's spouse. |