| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WTRV | Common Stock | Award | +1M | +327.11% | 1.31M | Jul 12, 2024 | Direct | F1, F2 | ||
| holding | WTRV | Common Stock | 75.3K | Jul 12, 2024 | By Hames Family Trust | F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant and any issuances thereunder are exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The restricted stock units vest in 20 equal quarterly installments on the final business day of each fiscal quarter in an amount equal to 50,000 Units per quarter, with the first vesting date on March 31, 2024, subject to continued services as a director as of each applicable vesting date and execution of the Company's standard Restricted Stock Unit Agreement which occurred on July 12, 2024. Shares of common stock will be delivered to the Reporting Person promptly upon each applicable vesting of the restricted stock units. The restricted stock units were granted under the Issuer's 2022 Equity Incentive Plan. |
| F2 | On April 25, 2024, the Reporting Person filed a Form 4, which inadvertently (i) reported the incorrect amount of securities beneficially owned by the Reporting Person by excluding certain securities from the total amount of securities beneficially owned following the reported transaction on the original Form 4 and (ii) disclosed all securities as beneficially owned directly while some securities are in fact beneficially owned indirectly through a trust. This Form 4 also corrects the amount of securities beneficially owned by the Reporting Person in addition to disclosing the transaction described herein. |
| F3 | Shares are held by Hames Family Trust for which the Reporting Person is a trustee. |