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 | +200K | $0.00 | 200K | Mar 26, 2022 | Common Stock | 200K | $45.00 | By Spouse | F1 |
Id | Content |
---|---|
F1 | On March 2, 2021, the Reporting Person's spouse was granted a performance-based stock option award to purchase up to 1,000,000 shares of common stock (the "Award") if and to the extent the five equal tranches of the Award are earned based on the achievement of certain absolute revenue and stock price goals. On March 26, 2022, achievement of the revenue goal for the first tranche of 200,000 shares under the Award was certified, which resulted in the creation of the derivative security reported in this filing. This first tranche will be earned and exercisable only if and when the applicable $45 stock price goal achievement is certified. |