Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMCI | Employee Stock Option (right to buy) | Award | $0 | +3.63K | $0.00 | 3.63K | May 5, 2022 | Common Stock | 3.63K | $53.04 | Direct | F1 | |
transaction | SMCI | Restricted Stock Units | Award | $0 | +1.63K | $0.00 | 1.63K | May 5, 2022 | Common Stock | 1.63K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Subject to the Reporting Person's continued service to the Issuer, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date on May 5, 2023, and 1/16th at the end of each successive calendar quarter thereafter. |
F2 | Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. |
F3 | Subject to the Reporting Person's continued service to the Issuer, the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2023 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock. |