Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HNST | Common Stock | Award | $75K | +26K | +35.76% | $2.89 | 98.6K | Jan 1, 2023 | Direct | F1, F2, F3 |
Id | Content |
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F1 | Pursuant to the Issuer's Non-Employee Director Compensation Policy, directors may elect to receive an award of restricted stock units (RSUs) in lieu of an annual cash retainer for their service on the board. In accordance with the reporting person's election, the reporting person was issued the RSUs for the fiscal year 2023. The RSUs vest in four installments: 6,491 RSUs on March 31, 2023, 6,492 RSUs on June 30, 2023, 6,491 RSUs on September 30, 2023 and 6,492 RSUs on December 31, 2023 and are payable in an equivalent number of shares of the Issuer's Common Stock. |
F2 | The number of shares of RSUs is equal to $75,000 divided by $2.89, the average of the closing price of the Issuer's common stock on the Nasdaq Global Select Market for the 30 days prior to the date of grant. |
F3 | Includes 74,581 RSUs which are payable in an equivalent number of shares of the Issuer's common stock. |