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 |
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. |