Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MSP | Common Stock | Options Exercise | $500K | +50K | $10.00 | 50K | May 18, 2021 | Direct | F1 | |
transaction | MSP | Common Stock | Sale | -$1.31M | -50K | -100% | $26.24 | 0 | May 18, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MSP | Options (Right to Buy) | Options Exercise | $0 | -50K | -6.67% | $0.00 | 700K | May 18, 2021 | Common Stock | 50K | $10.00 | Direct | F3 |
Id | Content |
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F1 | The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on December 16, 2020. |
F2 | This transaction was executed in multiple trades at prices ranging from $25.81 to $26.49 per share. The price reported reflects the weighted average sale price. Upon request by the Issuer, any security holder of the Issuer or the staff of the SEC, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F3 | These options vested 25% on November 1, 2019 and vest quarterly thereafter at a rate of 6.25% as long as such individual continues to be employed as of each respective vest date. |