Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SONO | Restricted Stock Units | Award | $0 | +165K | +282.51% | $0.00 | 223K | Sep 1, 2022 | Common Stock | 165K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. |
F2 | One half of the shares subject to the RSUs will vest on each of the one year and two year anniversaries of the grant date, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double - trigger acceleration. |