Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | ITI | Common Stock | 6.57K | Jun 26, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ITI | Restricted Stock Units | Award | $0 | +10.4K | $0.00 | 10.4K | Jun 26, 2024 | Common Stock | 10.4K | Direct | F1, F2, F3 | ||
transaction | ITI | Stock Option (Right to Buy) | Award | $0 | +38.7K | $0.00 | 38.7K | Jun 26, 2024 | Common Stock | 38.7K | $4.21 | Direct | F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon the vesting date. |
F2 | The RSUs vesting schedule is as follows: 50% after two years measured from the grant date and 50% after three years measured from the grant date. |
F3 | The expiration date will be three years measured from the grant date. |
F4 | The stock option becomes exercisable in a series of four successive equal annual installments (i.e. one-fourth of the shares each year) upon the Reporting Person's completion of each year of service over the four year period measured from the grant date. |