Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BNED | Common Stock | Options Exercise | $0 | +61K | +24.47% | $0.00 | 310K | Sep 22, 2022 | Direct | F1 |
transaction | BNED | Common Stock | Disposed to Issuer | -$139K | -61K | -19.66% | $2.28 | 249K | Sep 22, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BNED | Phantom Share Unit | Options Exercise | $0 | -61K | -50% | $0.00 | 61K | Sep 22, 2022 | Common Stock | 61K | Direct | F1 |
Id | Content |
---|---|
F1 | Each share of phantom stock is the economic equivalent of one share of common stock of the Company and was settled in cash at a value of $2.28 per share. The terms of the phantom stock provide that the shares will be settled based on the fair market value of a share of common stock at each vesting date in an amount not to exceed $7.38 per share. |