Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACHR | Restricted Stock Units | Award | $0 | +59.3K | $0.00 | 59.3K | Jun 23, 2023 | Class A Common Stock | 59.3K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents the right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer on the vesting date. |
F2 | The entire award will vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2024 annual stockholders' meeting. |
F3 | These restricted stock units do not expire. They either vest or are canceled should the reporting person cease to provide services to the Issuer prior to the vesting date. |