Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LDI | Stock Option | Award | $0 | +250K | $0.00 | 250K | Jul 3, 2023 | Class A Common Stock | 250K | $2.12 | Direct | F1 | |
transaction | LDI | Restricted Stock Units | Award | $0 | +389K | $0.00 | 389K | Jul 3, 2023 | Class A Common Stock | 389K | Direct | F2, F3 | ||
transaction | LDI | Performance Share Units | Award | $0 | +389K | $0.00 | 389K | Jul 3, 2023 | Class A Common Stock | 389K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | The stock options are schedule to vest as follows: 50% on each of the first two anniversaries of the date of grant. |
F2 | Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock. |
F3 | The RSUs are scheduled to vest as follows: 50% on each of the first two anniversaries of the date of grant. |
F4 | Each performance share unit ("PSU") represents a contingent right to receive one share of Class A Common Stock. |
F5 | The PSUs are scheduled to vest as follows if the specified stock price hurdles is achieved by the Class A Common Stock, in proportion to such achievement: the target PSUs at up to 150% on 6/30/24. Any PSUs which have not become earned by 6/30/24 will be forfeited. |