Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WORK | Class A Common Stock | Conversion of derivative security | $0 | +17.1K | +7.49% | $0.00 | 245K | Jul 1, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WORK | Restricted Stock Units | Options Exercise | $0 | -17.1K | -33.33% | $0.00 | 34.2K | Jul 1, 2021 | Class B Common Stock | 17.1K | Direct | F1, F2, F3 | |
transaction | WORK | Class B Common Stock | Options Exercise | $0 | +17.1K | $0.00 | 17.1K | Jul 1, 2021 | Class A Common Stock | 17.1K | Direct | F1 | ||
transaction | WORK | Class B Common Stock | Conversion of derivative security | $0 | -17.1K | -100% | $0.00* | 0 | Jul 1, 2021 | Class A Common Stock | 17.1K | Direct | F1 |
Id | Content |
---|---|
F1 | Each share of Class B Common Stock is convertible without payment or consideration into one share of Class A Common Stock at the option of the holder and has no expiration date. |
F2 | Each Restricted Stock Units (RSU) represents the right to receive one share of Class B Common Stock. |
F3 | The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurs in 16 quarterly installments commencing on April 1, 2018, subject to the Reporting Person's continued service with the Issuer on each such date. The performance-based criteria was satisfied upon the Issuer's listing and public trading of its Class A Common Stock on June 20, 2019. |