Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KNX | Restricted Stock Units | Award | $0 | +18K | $0.00 | 18K | Nov 30, 2022 | Class A Common Stock | 18K | Direct | F1, F2 | ||
transaction | KNX | Performance Restricted Stock Units | Award | $0 | +13.5K | $0.00 | 13.5K | Nov 30, 2022 | Class A Common Stock | 13.5K | Direct | F3, F4 | ||
transaction | KNX | Performance Restricted Stock Units | Award | $0 | +13.5K | $0.00 | 13.5K | Nov 30, 2022 | Class A Common Stock | 13.5K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock. |
F2 | The restricted stock units vest as follows: 33% on January 31, 2024; 33% on January 31, 2025; and 34% on January 31, 2026. |
F3 | Each performance based restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock, subject to adjustment, based on performance targets over a performance period ending December 31, 2025. |
F4 | The number of derivative securities is subject to adjustment based on achieving or failing to achieve performance targets measured over a performance period ending December 31, 2025. The shares earned under this award will vest on January 31, 2026. |
F5 | Each performance based restricted stock unit represents a contingent right to receive one share of KNX Class A Common Stock, subject to adjustment, based on certain relative performance targets over a performance period ending on December 31, 2025. |