Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNCE | Restricted Stock Units | Award | $0 | +769K | $0.00 | 769K | Aug 12, 2022 | Common Stock | 769K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Science 37 Holdings, Inc.'s common stock. |
F2 | On August 12, 2022, Mr. Zaranek received restricted stock units representing 768,621 shares subject to a three-year vesting schedule, vesting 33 1/3% on the first, second and third anniversaries of the grant date. As restricted stock units vest, the vested units are automatically converted to vested common stock on a one-for-one basis on the vesting date. |