Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RDDT | Class A Common Stock | Sale | -$1.95M | -33K | -7.98% | $58.94* | 381K | May 23, 2024 | Direct | F1, F2 |
holding | RDDT | Class A Common Stock | 30.1K | May 23, 2024 | By The Slowe Family Trust dated January 26, 2012 |
Id | Content |
---|---|
F1 | Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock unit awards ("RSUs"), the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. |
F2 | The price reported in Column 4 is a weighted average price calculated by the broker executing the sell-to-cover transactions. These shares were sold as part of a block trade in multiple transactions, and the Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price. |