Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RDDT | Series C Preferred Stock | Conversion of derivative security | -31.7K | -100% | 0 | Mar 25, 2024 | Class B Common Stock | 31.7K | By Michael William Seibel Revocable Trust | F1 | |||
transaction | RDDT | Class B Common Stock | Conversion of derivative security | +31.7K | 31.7K | Mar 25, 2024 | Class A Common Stock | 31.7K | By Michael William Seibel Revocable Trust | F2 |
Id | Content |
---|---|
F1 | Each share of Preferred Stock, other than any share of Series F-1 Preferred Stock, automatically converted, on a one-for-one basis, into Class B Common Stock immediately prior to the closing of the Issuer's initial public offering. |
F2 | The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. |