Kalani Reelitz - 05 Dec 2023 Form 4 Insider Report for Compass, Inc. (COMP)

Role
Chief Financial Officer
Signature
/s/ Bradley K. Serwin, as attorney-in-fact
Issuer symbol
COMP
Transactions as of
05 Dec 2023
Net transactions value
-$361,879
Form type
4
Filing time
08 Dec 2023, 07:06:20 UTC
Previous filing
05 Oct 2023
Next filing
05 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COMP Class A Common Stock Options Exercise $0 +420,000 +910% $0.000000 466,136 05 Dec 2023 Direct F1
transaction COMP Class A Common Stock Tax liability $361,879 -141,359 -30% $2.56 324,777 05 Dec 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 -400,000 -25% $0.000000 1,200,000 05 Dec 2023 Class A Common Stock 400,000 Direct F1, F3
transaction COMP Restricted Stock Unit (RSU) Options Exercise $0 -20,000 -100% $0.000000* 0 05 Dec 2023 Class A Common Stock 20,000 Direct F1, F4
* 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 25% of the total shares on November 15, 2023 and 6.25% quarterly thereafter, with 100% of the total shares vested on November 15, 2026, subject to the reporting person's provision of service to the Issuer on each vesting date.
F4 The RSUs vest as to the 25% of the shares on each of February 15, 2023, May 15, 2023, August 15, 2023, and November 15, 2023, with 100% of the total shares vested on November 15, 2023, subject to the reporting person's provision of service to Issuer on each vesting date.