Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
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F1 | Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. |
F2 | Includes shares to be issued in connection with the vesting of one or more restricted stock units. |
F3 | The sale reported in this Form 4 was effected pursuant to 10b5-1 trading plans adopted by the Reporting Person on March 25, 2024. |
F4 | The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee. |
F5 | The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee. |
F6 | The shares are held by the Slootman Family Foundation dated 11/24/2010, a charitable foundation over which the Reporting Person is deemed to have voting and investment power. However, the Reporting Person has no personal pecuniary interest in these shares. |
F7 | The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee. |