Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPT | Class A Common Stock | Sale | -$423K | -13.5K | -2.41% | $31.45 | 546K | Dec 3, 2024 | Direct | F1, F2, F3 |
holding | SPT | Class A Common Stock | 170K | Dec 3, 2024 | See Footnote | F4 |
Id | Content |
---|---|
F1 | Shares sold pursuant to an irrevocable election made on November 21, 2022, in conformity with the requirements of Rule 10b5-1 for the purpose of covering tax obligations upon settlement of restricted stock units ("RSUs"). |
F2 | After giving effect to the transaction reported herein, this represents: (1) 3,750 reported RSUs which vest in 1 quarterly installment on March 1, 2025; (2) 22,500 reported RSUs which vest in 3 equal quarterly installments beginning on March 1, 2025; (3) 18,750 reported RSUs which vest in 5 equal quarterly installments beginning on March 1, 2025; (4) 67,500 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2025; (5) 33,826 reported RSUs which vest in 9 equal quarterly installments beginning on March 1, 2025; (6) 69,538 reported RSUs of which 25% will vest on March 1, 2025 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2025; and (7) 88,999 reported RSUs of which 25% will vest on October 1, 2025 with the remaining RSUs vesting in 12 equal quarterly installments beginning on January 1, 2026. |
F3 | Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire. |
F4 | This amount represents: (i) 60,000 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto 2020 Gift Trust, of which Mr. Barretto's spouse is the sole trustee; and (ii) 110,175 shares of Issuer Class A Common Stock held by the Ryan Paul Barretto Revocable Trust, of which Mr. Barretto serves as the sole trustee. |