Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TW | Class A common stock | Award | $0 | +85.7K | +37.22% | $0.00 | 316K | Dec 15, 2022 | Direct | F1, F2 |
holding | TW | Class A common stock | 20K | Dec 15, 2022 | See footnote | F3 |
Id | Content |
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F1 | The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of January 1, 2023. |
F2 | This amount includes (i) 17,151 RSUs in respect of Class A Common Stock which are scheduled to vest on March 17, 2023, (ii) 102,906 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, (iii) 19,777 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 15, 2023 and March 15, 2024, (iv) 59,330 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, and (v) 31,000 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2022. The Company announced on February 16, 2022 that Mr. Olesky had given notice of his retirement effective as of December 31, 2022. Each award disclosed herein will continue to vest in accordance with its vesting terms per the retirement provisions of each grant agreement. |
F3 | The reporting person owns these securities through The Lee Olesky 2019 Family Trust U/A/D March 21, 2019 ("The Family Trust"). The reporting person and his wife, as the co-trustees of The Family Trust, share the power to vote and invest the securities, but each disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein. |