Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DOCN | Common Stock | Award | $180K | +3.76K | +468.83% | $47.86 | 4.56K | Jun 9, 2022 | Direct | F1 |
Id | Content |
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F1 | The security represents restricted stock units ("RSUs") issued to the Reporting Person pursuant to the annual grant under the Issuer's non-employee director compensation policy (the "Policy"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. Pursuant to the Policy, the number of shares of RSUs is equal to $180,000 divided by $47.86, the average of the closing price of the Issuer's common stock on the NYSE for the 10 trading days prior to and ending on the date of grant. The shares underlying these RSUs will vest on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's 2023 annual stockholders' meeting, subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date. |