Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHPT | Common Stock | Sale | -$38.7K | -27.7K | -1.17% | $1.40 | 2.33M | Jun 21, 2024 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. |
F2 | Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $1.35 to $1.40. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. |