Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MAX | Restricted Stock Units | Award | $0 | +59.1K | $0.00 | 59.1K | Mar 15, 2022 | Class A Common Stock | 59.1K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Represents grant of restricted stock units ("RSUs") under the Issuer's Omnibus Equity Incentive Plan granted March 15, 2022. |
F2 | One sixteenth of the RSUs will vest on May 15, 2022 and the remainder will vest quarterly over the following four years, in each case subject to continued employment with the Issuer through each vesting date. |
F3 | Each RSU represents a contingent right to receive one share of Class A Common Stock, or at the option of the Compensation Committee, cash of equivalent value. |