Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | S | Class A Common Stock | Award | $0 | +7.04K | +10.11% | $0.00 | 76.6K | Feb 7, 2022 | Direct | F1 |
transaction | S | Class A Common Stock | Sale | -$95K | -6.67K | -8.64% | $14.25 | 70.5K | Dec 6, 2022 | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | Represents restricted stock units ("RSUs") that shall vest 1/16th of the total RSUs on December 5, 2022 (the "First Vesting Date") and thereafter vests as to 1/16th of the RSUs on each third Vesting Date, defined as the 5th calendar day of each month, following the First Vesting Date, until fully vested, subject to the Reporting Person's continued service through each vesting date. |
F2 | The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person. Pursuant to the Issuer's equity incentive plan, an award recipient's tax withholding obligations must be funded by a "sell to cover" transaction. |
F3 | Includes 576 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan on July 5, 2022 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d). |
F4 | Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. |