Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLVR | Common shares | Award | $0 | +29.4K | +1.35% | $0.00 | 2.2M | Jul 1, 2021 | Direct | F1, F2 |
holding | CLVR | Common shares | 236K | Jul 1, 2021 | Held by Silver Swan, LLC |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLVR | Restricted Share Units | Award | $0 | +29.4K | $0.00 | 29.4K | Jul 1, 2021 | Common shares | 29.4K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each restricted share unit represents the contingent right to receive one common share of the Issuer. |
F2 | The restricted share units will vest in four equal annual installments commencing on the first anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer through the relevant vesting dates. |
F3 | The restricted share units vest when they have both time-vested and performance-vested, subject to the Reporting Person's continuous service with the Issuer through the relevant vesting dates. The restricted share units will (i) time-vest in four annual installments as follows: 10% on July 1, 2022; 20% on July 1, 2023; 30% on July 1, 2024; and 40% on July 1, 2025, and (ii) performance-vest based on the achievement of certain share price performance conditions on or prior to December 18, 2024. |