Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRM | Common Stock | Sale | -$41.8K | -14.7K | -3.03% | $2.85 | 470K | Mar 25, 2022 | Direct | F1, F2, F3, F4 |
holding | VRM | Common Stock | 1.27M | Mar 25, 2022 | By Annox Capital, LLC | F5 |
Id | Content |
---|---|
F1 | The sale of Common Stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,600 shares, with purchases of Common Stock by the reporting person on March 7, 2022. The reporting person has paid to the Issuer $103.00, representing the full amount of the profit realized in connection with the short-swing transaction. |
F2 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2020. |
F3 | Represents shares sold to satisfy tax withholding obligations incident to the vesting of certain equity awards. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.80 to $3.07. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F5 | The reporting person is the managing member of Annox Capital, LLC and as a result may be deemed to beneficially own the securities held of record by Annox Capital, LLC. The reporting person disclaims such beneficial ownership except to the extent of his pecuniary interest therein, if any. |