Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMMT | Performance Stock Option (right to buy) | Award | +2.8M | 2.8M | Aug 23, 2024 | Common Stock | 2.8M | $1.68 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | These performance-based stock options vested on August 23, 2024, upon the attainment of the satisfaction of certain financial performance objectives. Note this does not include an additional 11,200,000 shares underlying options which were granted on October 13, 2023 that remain subject to the satisfaction of performance conditions. |
F2 | Not applicable. |