Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPR | Restricted Stock Units | Award | $0 | +10.6K | +81.44% | $0.00 | 23.6K | May 8, 2023 | Class A Common Stock | 10.6K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Restricted stock units convert into common stock, once vested and payable, on a one-for one basis. |
F2 | On May 8, 2023 the reported person was granted 10,608 (shares granted) restricted stock units that are subject to a service condition requiring the reporting person to remain as a Director with the issuer until May 8, 2024 (vest date) however, with respect to 4,488 of these RSUs (cash award converted to units), a termination of service prior to the satisfaction of the service condition will result in a forfeiture of the applicable RSUs and a cash payment for the pro rata portion of the compensation subject to such RSUs that are earned as of the date of the reporting person's termination. |