Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRCH | Common Stock | Award | $0 | +231K | +18.28% | $0.00 | 1.5M | Apr 5, 2024 | Direct | F1 |
transaction | PRCH | Common Stock | Tax liability | -$83.3K | -19.2K | -1.28% | $4.34 | 1.48M | Apr 5, 2024 | Direct | F2 |
Id | Content |
---|---|
F1 | Represents a grant of restricted stock units ("RSUs"). Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. 25% of the RSUs shall vest on April 5, 2025, then 1/6th of the remaining RSUs shall vest every 6 months for the next 36 months, subject to the Reporting Person's employment or service with the Issuer as contemplated in the RSU Award Agreement. |
F2 | These shares represent shares withheld on the annual vesting of the Reporting Person's April 7, 2023, RSU grant. The RSUs will continue to vest ratably every 6 months over the remaining term of the 48-month vesting period which commenced on April 5, 2023, subject to the Reporting Person's continuous employment or service with the Issuer. |