Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BE | Class A Common Stock | Options Exercise | $0 | +122K | +31.71% | $0.00 | 509K | Feb 15, 2022 | Direct | |
transaction | BE | Class A Common Stock | Sale | -$1.28M | -65.1K | -12.79% | $19.64 | 444K | Feb 16, 2022 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BE | Performance Stock Units | Options Exercise | $0 | -122K | -50% | $0.00 | 122K | Feb 15, 2022 | Class A Common Stock | 122K | Direct | F3, F4 | |
transaction | BE | Restricted Stock Units | Award | $0 | +50.6K | $0.00 | 50.6K | Feb 16, 2022 | Class A Common Stock | 50.6K | Direct | F5, F6 |
Id | Content |
---|---|
F1 | Sale of shares to cover tax withholding obligation incurred upon settlement of the restricted stock units ("RSUs") and performance-based stock units ("PSUs") effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
F2 | The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $19.25 to $20.07. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price. |
F3 | Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. |
F4 | On July 2, 2020, the Reporting Person was granted a PSU award for a target number of 250,000 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person fully met the performance criteria as determined by the Compensation Committee on February 11, 2021, which resulted in a payout of 1.47 times the target. The PSUs shall vest annually over three (3) years, with a third of the PSUs vesting on February 15, 2021, another third on February 15, 2022 and the remaining third on February 15, 2023, subject to Reporting Person remaining a service provider on each applicable vesting date. |
F5 | Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. |
F6 | This RSU award shall vest in full on the one year anniversary of the grant date, which was February 16, 2022. |