Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MBUU | Class A Common Stock | Award | $0 | +2.11K | +4.53% | $0.00 | 48.6K | Nov 3, 2022 | Direct | F1, F2, F3 |
Id | Content |
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F1 | In accordance with the Issuer's Director's Compensation Policy, the reporting person was issued an equity award of 2,105 stock units on November 3, 2022 for his service on the board of directors of the Issuer. |
F2 | The stock units are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon the first to occur of (A) the date of the reporting person's separation from service, (B) the occurrence of a change in control under the Issuer's Long-Term Incentive Plan or (C) an in-service distribution date elected by the reporting person (each, a "Payment Event"). The reporting person may elect whether amounts becoming payable shall be paid in a lump-sum within 30 days following the Payment Event, or in annual installments over a period of 5 years or 10 years. |
F3 | Includes 2,105 stock units with vesting terms described in footnote 2 and 46,474 stock units that are fully vested and payable in an equivalent number of shares of the Issuer's Class A Common Stock upon or as soon as practicable, and in all events within 30 days, following the first to occur of (A) the date of the reporting person's separation from service or (B) the occurrence of a change in control under the Issuer's Long-Term Incentive Plan. |