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 | +21.7K | $0.00 | 21.7K | Nov 12, 2024 | Class A Common Stock | 21.7K | Direct | F1, F2 | ||
transaction | AFRM | Stock Option (Right to Buy) | Award | $0 | +30.1K | $0.00 | 30.1K | Nov 12, 2024 | Class A Common Stock | 30.1K | $57.59 | Direct | F3 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F2 | RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in equal quarterly installments for a period of four years beginning December 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. |
F3 | The stock options vest in 48 equal monthly installments beginning December 1, 2024, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. |