Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ORC | Common Stock | Options Exercise | $4.17K | +798 | +0.61% | $5.23 | 131K | Jun 30, 2021 | Direct | F1, F2 |
transaction | ORC | Common Stock | Tax liability | $1.52K | +291 | +0.22% | $5.23 | 130K | Jun 30, 2021 | Direct | F2, F3 |
Id | Content |
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F1 | These shares represent 798 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on April 6, 2018 pursuant to the Issuer's 2012 Long Term Incentive Compensation Plan and 2017 Long Term Equity Incentive Compensation Plan. Each Performance Unit represents the right to receive one share of the Company's common stock subject to the Reporting Person continuing to serve as an executive officer of the Issuer, and are earned at a rate of 10% per quarter commencing with the quarter ended March 31, 2019 and concluding with the quarter ended June 30, 2021 |
F2 | The price represents the closing price of the Company's common stock on June 29, 2021. |
F3 | The Reporting Person disposed of these shares of the Company's common stock to the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of shares that occurred on June 30, 2021. |