Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AXDX | Employee Restricted Stock Units | Award | $0 | +500K | $0.00 | 500K | Apr 1, 2023 | Common Stock | 500K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. |
F2 | The reporting person received 500,000 restricted stock units on April 1, 2023, of which 40% vests on April 1, 2025 and the remaining 60% will vest on April 1, 2026. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested. |
F3 | Not Applicable. |