Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MDB | Class A Common Stock | Other | -$270K | -787 | -0.06% | $342.67 | 1.22M | Jun 27, 2023 | Direct | F1 |
transaction | MDB | Class A Common Stock | Award | $0 | +598 | +0.05% | $0.00 | 1.22M | Jun 27, 2023 | Direct | F2 |
holding | MDB | Class A Common Stock | 540K | Jun 27, 2023 | By Trust | F3 | |||||
holding | MDB | Class A Common Stock | 95K | Jun 27, 2023 | Dwight A. Merriman Charitable Foundation | F4 |
Id | Content |
---|---|
F1 | Represents restricted stock units previously issued to the Reporting Person pursuant to the fiscal year 2023 annual equity grant under the Issuer's non-employee director compensation policy that were previously reported in Table I of the Form 4 filed by the Reporting Person on June 30, 2022. Such restricted stock units vested on June 27, 2023, and were disposed of and settled using the cash equivalent value of the shares of the Issuer's Class A Common Stock subject thereto, which was calculated with a 30-day volume-weighted average share price on June 27, 2023. The disposition and cash settlement of such restricted stock units is exempt pursuant to Rule 16b-3. |
F2 | Represents restricted stock units issued to the Reporting Person pursuant to the annual equity grant under the Issuer's non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer and has no expiration date. The shares underlying the restricted stock unit award shall vest in full on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's 2024 annual stockholders' meeting, subject to the Reporting Person providing continuous service to the Issuer through such date. |
F3 | These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children. |
F4 | The Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation. The Reporting Person is deemed to have voting and investment power over the shares of the Issuer's ClassA Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares. |