Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SASI | Stock Option (right to buy) | Award | $0 | +30.3K | $0.00 | 30.3K | Aug 11, 2021 | Common Stock | 30.3K | $3.42 | Direct | F1 | |
transaction | SASI | Stock Appreciation Right | Award | $0 | +30.3K | $0.00 | 30.3K | Aug 11, 2021 | Common Stock | 30.3K | $3.42 | Direct | F2 |
Id | Content |
---|---|
F1 | The stock option will vest and become exercisable as follows: (i) 25% of the option vested on the grant date (i.e., August 11, 2021), and (ii) the balance of the option will vest in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date. |
F2 | The stock appreciation right ("SAR") is payable in cash only, and vests as follows: (i) 25% of the SAR vested on the grant date (i.e., August 11, 2021), and (ii) the balance of the SAR will vest in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date. |