Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RUN | Common Stock | Award | $0 | +2.78K | +1.13% | $0.00 | 249K | Feb 29, 2024 | Direct | F1 |
transaction | RUN | Common Stock | Sale | -$13.4K | -1.11K | -0.45% | $12.12 | 248K | Feb 29, 2024 | Direct | F2, F3, F4 |
Id | Content |
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F1 | On March 4, 2021, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The PRSUs vest on the date that the Compensation Committee of the Issuer's Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria for the measurement period ending December 31, 2023 were met and certified on February 29, 2024, resulting in the issuance of 2,780 shares of the Issuer's Common Stock. |
F2 | Shares sold to cover tax obligation from settlement of vested restricted stock units. |
F3 | Price represents the weighted average sale price of the shares sold. The sale price ranged from $12.00 to $12.295 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. |
F4 | Shares held following the reported transaction include 137,268 restricted stock units, which are subject to forfeiture until they vest. |