Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | S | Class A Common Stock | Award | $0 | +2.59K | +13.49% | $0.00 | 21.8K | Jul 5, 2022 | Direct | F1, F2, F3, F4 |
Id | Content |
---|---|
F1 | Represents deferred stock units ("DSUs") granted on July 5, 2022 pursuant to the Issuer's Non-Employee Director Compensation Program (the "Program") as a form of voluntary deferred compensation for serving as a non-employee director. Each DSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The DSUs vest as to 25% of the total shares on each of March 15, June 15, September 15 and December 15 following December 10, 2021, with the final quarterly installment vest on the earliest of (i) the date of the next annual meeting of the Issuer's stockholders, (ii) the date immediately prior to the next annual meeting of the Issuer's stockholders if the applicable non-employee director's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election, and |
F2 | [cont'd from Footnote 1] (iii) the originally scheduled vesting date of such DSU installment, subject to the Reporting Person's provision of service to the Issuer on each vesting date and subject to the terms of the Program. |
F3 | This Form 4/A is being filed to correct the amount of securities acquired on the Form 4 filed on July 5, 2022. |
F4 | Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. |