Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ITI | Restricted Stock Units | Award | $0 | +48.4K | $0.00 | 48.4K | Jul 3, 2023 | Common Stock | 48.4K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon the vesting date. |
F2 | The RSUs vesting schedule is as follows: 50% after two years measured from the grant date and the last 50% after three years measured from the grant date. |
F3 | The expiration date will be three years measured from the grant date. |