Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMCI | Restricted Stock Units | Options Exercise | $0 | -225 | -14.29% | $0.00 | 1.35K | Nov 10, 2022 | Common Stock | 225 | Direct | F1, F2 | |
transaction | SMCI | Restricted Stock Units | Options Exercise | $0 | -1.1K | -14.28% | $0.00 | 6.59K | Nov 10, 2022 | Common Stock | 1.1K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. |
F2 | 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, 2021, and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares 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 1/7th of the total number of units on November 10, 2022, and 1/7th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock |