Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SFIX | Class A Common Stock | Award | $0 | +150K | $0.00 | 150K | Jan 6, 2023 | Class A Common Stock | 150K | $3.64 | Direct | F1 | |
transaction | SFIX | Class A Common Stock | Award | $0 | +50K | $0.00 | 50K | Jan 6, 2023 | Class A Common Stock | 50K | $3.64 | Direct | F2 |
Id | Content |
---|---|
F1 | 100% of the shares subject to the Option will vest upon the earlier to occur of July 5, 2023 and the first day of employment of a successor Chief Executive Officer. The Option will be subject to full acceleration of vesting in the event of either a termination of Ms. Lake's employment as Chief Executive Officer by the Company without cause, whether or not in connection with a change in control, or resignation by Ms. Lake for good reason, prior to July 6, 2023. |
F2 | 100% of the shares subject to the Option will vest upon the first day of employment of a successor Chief Executive Officer, provided her successor is offered the role prior to July 5, 2023. All vesting is subject to the Reporting Person's Continuous Service through the applicable vesting date. |