Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATEN | Common Stock | Award | $0 | +6.26K | +1.75% | $0.00 | 363K | Jan 25, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATEN | Performance-based Restricted Stock Units | Award | $0 | +14.6K | $0.00 | 14.6K | Jan 25, 2022 | Common Stock | 14.6K | $0.00 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the total RSUs will vest on each of the first three (3) anniversaries of February 1, 2022, provided that the Reporting Person continues to serve through each vesting date. |
F2 | Each share is represented by a Performance-based Restricted Stock Unit ("PSU") |
F3 | Grant of 14,613 Performance-Based Restricted Stock Units, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject to the achievement of specified levels of the volume weighted average closing prices of a share of ATEN common stock during any one hundred (100) day trading period between January 25, 2022 and January 25, 2026 (each, a "Performance Milestone"). Upon achievement of a Performance Milestone, vesting is subject to continued employment with the Company through the applicable vesting date, which occurs in three equal installments with the first vesting to occur within thirty (30) days of achievement of the respective Performance Milestone and an additional one-third (1/3) on each of the first and second anniversaries of the date of achievement of the corresponding Performance Milestone. |