Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | CRGE | Restricted Stock Unit | Apr 11, 2022 | Common Stock | 197K | $0.00 | Direct | F1, F2 | ||||||
holding | CRGE | Options, right to buy | Apr 11, 2022 | Common Stock | 1.5M | $3.38 | Direct | F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. |
F2 | The RSUs fully vest upon the shares of common stock issuable upon vesting are freely tradable by the Reporting Person. Unvested RSUs expire upon termination of employment of the Reporting Person. |
F3 | On September 13, 2021, the Reporting Person was granted options to purchase 1,500,000 shares of common stock pursuant to the Issuer's 2020 Omnibus Equity Incentive Plan. The shares vest annually in three equal installments beginning on September 13, 2022. The options are exercisable for a term of five years. |