Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | AFRM | Class A Common Stock | 153K | Sep 16, 2024 | Direct | ||||||
holding | AFRM | Class A Common Stock | 872K | Sep 16, 2024 | Michalek 2007 Trust dated March 21, 2007 | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AFRM | Restricted Stock Units | Award | $0 | +85.1K | $0.00 | 85.1K | Sep 16, 2024 | Class A Common Stock | 85.1K | Direct | F2, F3 | ||
transaction | AFRM | Stock Option (Right to Buy) | Award | $0 | +120K | $0.00 | 120K | Sep 16, 2024 | Class A Common Stock | 120K | $44.06 | Direct | F4 |
Id | Content |
---|---|
F1 | The shares are held by the Michalek 2007 Family Trust dated March 21, 2007. The Reporting Person and his spouse are trustees of the trust. |
F2 | Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F3 | The RSUs vest as to 25% of the shares on September 1, 2025 and the remainder vest in 12 equal quarterly installments over the subsequent three years, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date. |
F4 | The stock options vest as to 25% of the underlying shares on September 1, 2025 and the remainder vest in 36 equal monthly installments over the subsequent three years subject to the Reporting Person's continuous service with the Issuer as of each vesting date. |