Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLOV | Class A Common Stock | Award | $0 | +456K | +25.51% | $0.00 | 2.24M | Jun 30, 2024 | Direct | F1 |
transaction | CLOV | Class A Common Stock | Tax liability | -$169K | -137K | -6.11% | $1.23 | 2.11M | Jun 30, 2024 | Direct | F2 |
Id | Content |
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F1 | Represents restricted stock units, each representing a right to a share of Class A Common Stock, earned in connection with the determination of the level of performance achievement in satisfaction of vesting conditions underlying a performance-based restricted share unit grant awarded on November 30, 2022. One-third of the number of earned restricted stock units vested and were settled on June 30, 2024, and the remaining 1/3 of the number of earned restricted stock units will vest on June 30, 2025, subject to the Reporting Person's continued employment on such vesting date. |
F2 | Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations due to the vesting of 1/3 of the number of earned restricted stock units, as described above. |