Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BENF | Class A Common Stock | Purchase | $999 | +900 | +54.88% | $1.11 | 2.54K | Sep 20, 2024 | Direct | F1, F2, F3, F4, F5, F6 |
Id | Content |
---|---|
F1 | The shares shown have been retroactively adjusted to reflect Beneficient's (the "Issuer") reverse stock split of its outstanding shares of Class A common stock, par value $0.001 per share ("Class A common stock"), and Class B common stock, par value $0.001 per share, on a 1-for-80 basis effected on April 18, 2024. |
F2 | Represents shares of Class A common stock purchased by the Reporting Person's spouse. |
F3 | Includes 482 shares of Class A common stock issuable upon the settlement of an award of 482 restricted stock units ("RSUs") granted pursuant to Beneficient 2023 Equity Incentive Plan ("2023 Equity Incentive Plan") to the Reporting Person on July 15, 2023. Such award of RSUs to the Reporting Person vested 20% on September 1, 2023, and the remaining 80% in four equal annual installments on September 1st of each subsequent calendar year. |
F4 | Includes 1,094 shares of Class A common stock of the Issuer issuable upon the settlement of an award of 875 restricted equity units ("REUs") granted pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan ("2018 Equity Incentive Plan") to the Reporting Person on January 1, 2020. Such award of REUs to the Reporting Person vested 40% on the date of grant, and the remaining 60% in three equal annual installments on August 14th of each subsequent calendar year. |
F5 | Includes 102 shares of Class A common stock issuable upon settlement of an award of 81 REUs to the Reporting Person granted pursuant to the 2018 Equity Incentive Plan on April 1, 2022. Such award of REUs to the Reporting Person shall vest 40% on June 8, 2023, and the remaining 60% in three equal annual installments on April 1st of each subsequent calendar year. |
F6 | Includes 386 shares of Class A common stock of the Issuer issuable upon the settlement of an award of 386 RSUs granted pursuant to 2023 Equity Incentive Plan to the Reporting Person on July 15, 2023. Such award of RSUs to the Reporting Person fully vested on September 1, 2023. |