Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DOCS | Class A Common Stock | Conversion of derivative security | +35K | +33.41% | 140K | Sep 12, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DOCS | Stock Option (Right to Buy) | Options Exercise | $0 | -35K | -35% | $0.00 | 65K | Sep 12, 2023 | Class B Common Stock | 35K | $1.54 | Direct | F2, F3 |
transaction | DOCS | Class B Common Stock | Options Exercise | $0 | +35K | $0.00 | 35K | Sep 12, 2023 | Class A Common Stock | 35K | Direct | F3 | ||
transaction | DOCS | Class B Common Stock | Conversion of derivative security | $0 | -35K | -100% | $0.00* | 0 | Sep 12, 2023 | Class A Common Stock | 35K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each share of Class B Common Stock, par value $0.001 per share (the "Class B Common Stock"), converted into one share of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), at the option of the holder. |
F2 | The stock option vests in 48 equal monthly installments after May 1, 2020, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on June 10, 2020. |
F3 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation; (2) the death or incapacity of the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the tenth anniversary of the effectiveness of the registration statement in connection with the Issuer's initial public offering; or (b) the date specified by a vote of the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, voting as a single class. |