| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SIBN | Common Stock | Award | $0 | +3.02K | +1.52% | $0.00 | 202K | Sep 3, 2024 | Direct | F1 |
| transaction | SIBN | Common Stock | Sale | -$23.1K | -1.41K | -0.7% | $16.35 | 200K | Sep 3, 2024 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Reflects shares issuable on the settlement of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The shares subject to the restricted stock unit will vest on January 1, 2025, subject to the Reporting Person's continued service through the relevant vesting date. |
| F2 | The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan. |
| F3 | Includes 136,197 shares issuable on the settlement of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. |