Bradley K. Serwin - Apr 4, 2023 Form 4 Insider Report for Compass, Inc. (COMP)

Role
General Counsel and Secretary
Signature
/s/ Bradley K. Serwin
Stock symbol
COMP
Transactions as of
Apr 4, 2023
Transactions value $
-$19,453
Form type
4
Date filed
4/6/2023, 06:14 PM
Previous filing
Mar 17, 2023
Next filing
Apr 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COMP Class A Common Stock Options Exercise $0 +17.1K +13.19% $0.00 146K Apr 4, 2023 Direct F1
transaction COMP Class A Common Stock Tax liability -$19.5K -6.08K -4.15% $3.20 140K Apr 4, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COMP Restricted Stock Unit (RSU) Options Exercise $0 -17.1K -100% $0.00* 0 Apr 4, 2023 Class A Common Stock 17.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock upon settlement.
F2 Represents shares withheld by Issuer to satisfy tax withholding obligations on the vesting of RSUs.
F3 The RSUs vest as to the 25% of the shares on each of June 15, 2022, September 15, 2022, December 15, 2022, and March 15, 2023, with 100% of the total shares vested on March 15, 2023, subject to the reporting person's provision of service to Issuer on each vesting date. The RSU award is the first in a series of four awards associated with the recipient's 2022 annual refresh grant, the remaining three of which will be awarded following March 15, 2023, March 15, 2024, and March 15, 2025 respectively (each, a "Vesting Commencement Date"), and each RSU award will vest in quarterly installments over the 12-month period immediately following the relevant Vesting Commencement Date subject to the reporting person's employment by Issuer on each vesting date. Each annual award in the series may be granted in the form of RSUs or cash at Issuer's election.