Gregory M. Hart - Apr 24, 2023 Form 4 Insider Report for Compass, Inc. (COMP)

Signature
/s/ Bradley K. Serwin, as attorney-in-fact
Stock symbol
COMP
Transactions as of
Apr 24, 2023
Transactions value $
$0
Form type
4
Date filed
4/26/2023, 05:16 PM
Previous filing
Apr 6, 2023
Next filing
May 4, 2023

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) Award $0 +608K $0.00 608K Apr 24, 2023 Class A Common Stock 608K Direct F1, F2
transaction COMP Restricted Stock Unit (RSU) Award $0 +47.3K $0.00 47.3K Apr 24, 2023 Class A Common Stock 47.3K 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 The RSUs vest as to 25% of the total shares on each of June 15, 2023, September 15, 2023, December 15, 2023 and March 15, 2024, subject to the reporting person's provision of service to the Issuer on each vesting date. The RSUs are the first in a series of four grants associated with the recipient's 2023 annual refresh equity award, the remaining three of which will be granted following March 15, 2024, March 15, 2025 and March 15, 2026 respectively (each, a "Vesting Commencement Date"), and each RSU grant 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 grant in the series may be granted in the form of RSUs or cash at Issuer's election.
F3 The RSUs vest as to 25% of the total shares on each of June 15, 2023, September 15, 2023, December 15, 2023 and March 15, 2024, subject to the reporting person's provision of service to the Issuer on each vesting date.