Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FSLY | Class A Common Stock | Award | $0 | +199K | +12.36% | $0.00 | 1.81M | Mar 15, 2024 | Direct | F1 |
Id | Content |
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F1 | The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs are initially subject to vesting. One-sixteenth (6.25%) of the total RSUs will vest on May 15, 2024 and the remainder will vest in 15 equal quarterly installments (August, November, February and May) of one-sixteenth thereafter (6.25% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. |