Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | PLAN | Restricted Stock Units | Aug 9, 2021 | Common Stock | 32.8K | Direct | F1 | |||||||
holding | PLAN | Performance Stock Units | Aug 9, 2021 | Common Stock | 140K | Direct | F2 | |||||||
holding | PLAN | Restricted Stock Units | Aug 9, 2021 | Common Stock | 69.9K | Direct | F3 |
Id | Content |
---|---|
F1 | The Reporting Person was granted RSUs which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest over 4 years with 25% of the RSUs vesting on March 10, 2022, and the remainder vesting in equal quarterly installments thereafter, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction. |
F2 | Each Performance Stock Unit converts into common stock on a one-for-one basis. The Performance Stock Units will vest dependent upon achievement of both performance-based and service-based conditions. |
F3 | The Reporting Person was granted RSUs which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest over 3 years with 8/36th of the RSUs vesting on September 10, 2021, and the remainder vesting in equal quarterly installments thereafter, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction. |