Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SOND | Restricted Stock Units | Award | $0 | +500K | $0.00 | 500K | Aug 16, 2022 | Common Stock | 500K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit, or RSU, represents a contingent right to receive one share of issuer's common stock. |
F2 | Reflects two awards of RSUs (400,000 units and 100,000 units). |
F3 | One-quarter of the RSUs will vest one year from the grant date and 1/16th quarterly thereafter, subject to the reporting person's provision of service to the issuer on each vesting date. |