Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRCH | Common Stock | Tax liability | -$86.5K | -41.2K | -11.72% | $2.10 | 310K | Jun 1, 2024 | Direct | F1 |
Id | Content |
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F1 | Represents shares withheld to satisfy tax withholding obligations upon the first vesting of the Reporting Person's December 1, 2023 restricted stock unit ("RSU") grant (the "Grant"), which vests in two equal installments every six months from the date of grant. The remaining RSUs subject to the Grant will vest in six months, subject to the Reporting Persons continued employment or service with the Issuer. The Grant was previously made pursuant to the Reporting Person's RSU on hire award, which is granted in four equal installments annually under the Issuer's 2020 Stock Incentive Plan. |