Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SILK | Common Stock | Options Exercise | $16K | +10K | +7.57% | $1.60* | 142K | Dec 13, 2021 | Direct | F1 |
transaction | SILK | Common Stock | Sale | -$410K | -10K | -7.03% | $40.95 | 132K | Dec 13, 2021 | Direct | F1, F2 |
holding | SILK | Common Stock | 83.8K | Dec 13, 2021 | Trustees of The Surace/Rogers Family Trust | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SILK | Option (right to buy) | Options Exercise | $0 | -10K | -5.79% | $0.00 | 163K | Dec 13, 2021 | Common Stock | 10K | $1.60 | Direct | F1, F4 |
Id | Content |
---|---|
F1 | The option exercise and sale reported on this Form 4 were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on August 20, 2021. |
F2 | This transaction was executed in multiple trades at price ranging from $40.25 to $41.80. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
F3 | These shares are held directly by Kevin J. Surace and Erica J. Rogers, as Trustees of The Surace Rogers Family Trust. |
F4 | All of the shares subject to this option are fully vested and exercisable as of the date hereof. |