| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PL | Class A Common Stock | Sale | -$3.75K | -1K | -0.11% | $3.75 | 902K | Aug 1, 2023 | Direct | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sale was made pursuant to a 10b5-1 plan adopted by the reporting person on January 24, 2023. |
| F2 | Includes: (i) 759,434 restricted stock units ("RSUs") that vest in equal quarterly installments on the 15th of March, June, September and December; and (ii) 27,920 RSUs which vest in equal monthly installments on the 6th of every month. The RSUs represent a contingent right to receive one share of issuer's Class A Common Stock each and have no expiration date. |