Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SEZL | Common Stock, par value $0.00001 per share | Sale | -$118K | -1.65K | -0.79% | $71.90 | 206K | Apr 1, 2024 | Direct | F1 |
transaction | SEZL | Common Stock, par value $0.00001 per share | Tax liability | -$41.2K | -603 | -0.29% | $68.26 | 205K | Apr 1, 2024 | Direct | F2 |
transaction | SEZL | Common Stock, par value $0.00001 per share | Award | $0 | +10K | +4.87% | $0.00 | 215K | Apr 1, 2024 | Direct | F3 |
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 |
---|---|
F1 | The sales were effected in multiple transactions at prices ranging from $60.50 to $81.97, inclusive, on April 1, 2024. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. |
F2 | Reflecting shares withheld in respect of tax obligations upon vesting of restricted stock units. |
F3 | Representing an award of restricted stock units with a four-year vesting period. 25% of the award vests on April 1, 2025, and 6.25% of the award vests each quarter thereafter. |