Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPT | Class A Common Stock | Conversion of derivative security | $0 | +4.5K | $0.00 | 4.5K | Oct 11, 2022 | See footnote | F1 | |
transaction | SPT | Class A Common Stock | Sale | -$248K | -4.5K | -100% | $55.00 | 0 | Oct 11, 2022 | See footnote | F1 |
holding | SPT | Class A Common Stock | 32K | Oct 11, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPT | Class B Common Stock | Conversion of derivative security | $0 | -4.5K | -0.15% | $0.00 | 2.92M | Oct 11, 2022 | Class A Common Stock | 4.5K | See footnote | F1, F3 |
Id | Content |
---|---|
F1 | Following the transactions reported herein, this represents (i) 807,312 shares of Class B common stock held by the Aaron Edward Frederick Rankin Revocable Trust, of which Mr. Rankin serves as the sole trustee; (ii) 1,250,962 shares of Class B common stock held by the Rankin Family 2013 Trust, of which Yeming Shi Rankin, Mr. Rankin's spouse, serves as the sole trustee; and (iii) 860,431 shares of Class B common stock held by the Rankin Family 2013 Non-Exempt Trust, of which Yeming Shi Rankin serves as the sole trustee. Yeming Shi Rankin may be deemed to have sole voting and dispositive power with respect to the Class B common stock held by, each of the Rankin Family 2013 Trust and the Rankin Family 2013 Non-Exempt Trust. |
F2 | This total reported in column 5 includes: (1) 8,264 reported Restricted Stock Units ("RSUs") which vest in 6 equal quarterly installments beginning on December 1, 2022; (2) 6,153 reported RSUs which vest in 10 equal quarterly installments beginning on December 1, 2022; and (3) 16,411 reported RSUs of which 25% vest on March 1, 2023 with the remaining RSUs vesting in 12 equal quarterly installments beginning on June 1, 2023. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer and does not expire. |
F3 | Shares of Class B Common Stock have no economic rights and each share entitles its holder to 10 votes per share. Each share of Class B Common Stock is exchangeable by the holder on a one-for-one basis for Class A Common Stock at any time and does not expire. |
The transactions disclosed in this form 4 occurred under a 10b5-1 plan.