Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NRDY | Stock Option (Right to Buy) | Award | $0 | +83.9K | $0.00 | 83.9K | May 1, 2024 | Class A Common Stock | 83.9K | $2.56 | Direct | F1 | |
transaction | NRDY | Stock Option (Right to Buy) | Award | $44.1K | +24.6K | $1.79 | 24.6K | May 1, 2024 | Class A Common Stock | 24.6K | $2.56 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The stock options will vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the next annual meeting of Nerdy Inc. stockholders. |
F2 | The number of options issued reflects the value of the reporting person's annual cash retainer and additional annual retainer for committee memberships for the Nerdy Inc. board of directors. The reporting person has elected to have all or a portion of their annual cash retainer and additional annual retainer for committee memberships paid in the form of equity in lieu of cash compensation. |