Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRM | Common Stock | Award | $0 | +97.7K | +10.07% | $0.00 | 1.07M | Jun 15, 2023 | Direct | F1 |
holding | VRM | Common Stock | 1.27M | Jun 15, 2023 | By Annox Capital, LLC | F2 |
Id | Content |
---|---|
F1 | Represents an award of restricted stock units that vest in full on the earlier of the day immediately preceding the date of the Issuer's first annual meeting of stockholders following the date of grant and June 15, 2024. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer. The Reporting Person has deferred settlement of the restricted stock units into Common Stock until the earliest to occur of the Reporting Person's separation from service, a change in control of the Issuer, or the Reporting Person's death or disability. |
F2 | 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. |