Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DIBS | Restricted Stock Units | Award | $0 | +220K | $0.00 | 220K | Jun 15, 2023 | Common Stock | 220K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. |
F2 | Twenty-five percent (25%) of the restricted stock units shall vest on June 8, 2024, 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 September 8, 2024, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date. |