Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RELY | Common Stock | Options Exercise | +5.81K | +6.73% | 92.1K | Aug 25, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RELY | Restricted Stock Units (RSUs) | Options Exercise | $0 | -5.81K | -20% | $0.00 | 23.2K | Aug 25, 2023 | Common Stock | 5.81K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement. |
F2 | The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which must be satisfied in order for the RSUs to vest. The liquidity event-based vesting event was satisfied on September 22, 2021 the effective date of the issuer's initial public offering. The service-based vesting event was satisfied as to 1/16th of the total shares underlying the RSUs on November 25, 2020 and then 1/16th of the total shares vest on each February 25, May 25, August 25 and November 25 thereafter, with 100% of the total shares underlying the RSUs vested on August 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date. |