| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BLUE | Common Stock | Award | $0 | +50K | +41.32% | $0.00 | 171K | Sep 30, 2024 | Direct | F1 |
| transaction | BLUE | Common Stock | Sale | -$529 | -1.01K | -0.59% | $0.53 | 170K | Sep 30, 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 | These restricted stock units for common stock vest over a four-year period at the rate of 25% on each of March 1, 2025, March 1, 2026, March 1, 2027 and March 1, 2028. These restricted stock units were approved during the Issuer's regular annual review cycle for 2024 with a delayed date of issuance. |
| F2 | Shares were sold to cover tax withholding obligations incurred in connection with the vesting of Restricted Stock Units. |
| F3 | The range in prices for the transaction reported on this line was $0.5252 to $0.5268. The average weighted price was $0.5257. The reporting person will provide, upon request by the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price. |
Chief Commercial & Operating Officer