Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DIBS | Employee Stock Option (right to buy) | Award | $0 | +49K | $0.00 | 49K | Dec 9, 2021 | Common Stock | 49K | $12.31 | Direct | F1 | |
transaction | DIBS | Restricted Stock Units | Award | $0 | +46.5K | $0.00 | 46.5K | Dec 9, 2021 | Common Stock | 46.5K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Twenty-five percent (25%) of the shares shall vest on December 1, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the shares shall vest in 36 equal monthly installments starting on January 1, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. |
F2 | Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. |
F3 | Twenty-five percent (25%) of the restricted stock units shall vest on December 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the restricted stock units shall vest in 12 equal quarterly installments starting on March 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date. |