Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VMD | Common Shares | Options Exercise | +3.04K | +1.58% | 196K | May 9, 2023 | Direct | F1 | ||
transaction | VMD | Common Shares | Disposed to Issuer | -$31.9K | -3.04K | -1.55% | $10.50 | 193K | May 9, 2023 | Direct | |
transaction | VMD | Common Shares | Options Exercise | +3.25K | +1.68% | 196K | May 9, 2023 | Direct | F1 | ||
transaction | VMD | Common Shares | Disposed to Issuer | -$34.1K | -3.25K | -1.66% | $10.50 | 193K | May 9, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VMD | Phantom Share Units | Options Exercise | $0 | -3.04K | -100% | $0.00* | 0 | May 9, 2023 | Common Shares | 3.04K | Direct | F2, F3 | |
transaction | VMD | Phantom Share Units | Options Exercise | $0 | -3.25K | -50% | $0.00 | 3.25K | May 9, 2023 | Common Shares | 3.25K | Direct | F2, F4 |
Id | Content |
---|---|
F1 | Represents vesting of cash-settled phantom shares granted under the Issuer's Phantom Share Unit Plan. Each phantom share is the economic equivalent of one share of the Company's common shares. The settlement of the phantom shares for cash is reported on this Form 4 as a disposition of the phantom shares being settled in exchange for the acquisition of the underlying Company common shares, and a simultaneous disposition of the underlying Company common shares to the Company for cash. |
F2 | Each share of phantom stock represents a right to receive the cash value of one share of the Issuer's common shares which will be determined based on the Issuer's share price on the vesting date. |
F3 | Represents an award granted in 2020 under the Issuer's Phantom Share Unit Plan which vested on May 9, 2023. |
F4 | Represents an award granted in 2021 under the Issuer's Phantom Share Unit Plan which vests in equal installments on May 9, 2023 and May 9, 2024, subject to the Reporting Person's continued employment with the Issuer on such vesting date. |