Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLOV | Class A Common Stock | Award | $0 | +190K | +10.18% | $0.00 | 2.06M | Sep 13, 2024 | Direct | F1 |
transaction | CLOV | Class A Common Stock | Tax liability | -$248K | -82.9K | -4.03% | $2.99 | 1.97M | Sep 13, 2024 | Direct | F2 |
Id | Content |
---|---|
F1 | Represents restricted stock units ("RSUs"), 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 October 31, 2023. One-half of the number of earned restricted stock units vested and were settled on September 13, 2024, and the remaining one-half of the restricted stock units will vest on October 31, 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 1/2 of the number of earned performance-based restricted stock units, as described above. |