Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RDDT | Class A common stock, par value $0.0001 per share | Award | $0 | +5.13K | $0.00 | 5.13K | May 20, 2024 | Direct | F1 | |
holding | RDDT | Class A common stock, par value $0.0001 per share | 16.2K | May 20, 2024 | Indirect interest in a corporation | F2, F3 |
Id | Content |
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F1 | The shares represent restricted stock units, which will vest in full on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the Issuer's annal meeting of stockholders to be held in 2025; subject to the Reporting Person's continued service through such vesting date. |
F2 | Mr. Newhouse disclaims beneficial ownership of the securities owned by Advance Magazine Publishers Inc., a New York corporation ("AMPI"), and this report shall not be deemed an admission that Mr. Newhouse is the beneficial owner of such shares for purposes of Section 16 or for any other purpose. |
F3 | AMPI owns the securities of the Company set forth on this report. Mr. Newhouse, by virtue of his affiliations with Advance Publications, Inc. a New York corporation ("API"), and certain holders of equity in API, may be deemed to beneficially own the securities of the Company owned directly by AMPI. API is the indirect parent company of AMPI. |