Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SYM | Class A Common Stock | Options Exercise | +7.67K | +8.66% | 96.2K | Oct 2, 2023 | Direct | F1 | ||
transaction | SYM | Class A Common Stock | Options Exercise | +5.5K | +5.72% | 102K | Oct 2, 2023 | Direct | F1 | ||
transaction | SYM | Class A Common Stock | Sale | -$173K | -5.56K | -5.47% | $31.21 | 96.1K | Oct 3, 2023 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SYM | Restricted Stock Units | Options Exercise | $0 | -7.67K | -16.66% | $0.00 | 38.3K | Oct 2, 2023 | Class A Common Stock | 7.67K | Direct | F4, F5 | |
transaction | SYM | Restricted Stock Units | Options Exercise | $0 | -5.5K | -10% | $0.00 | 49.5K | Oct 2, 2023 | Class A Common Stock | 5.5K | Direct | F4, F6 |
Id | Content |
---|---|
F1 | Restricted stock units convert into Class A common stock on a one-for-one basis. |
F2 | The sales reported in this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person. |
F3 | In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $31.21 to $31.30, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price withing the range set forth in this footnote. |
F4 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. |
F5 | On August 17, 2022, the reporting person was granted 92,000 restricted stock units that vest as follows: 1/3 of the restricted stock units vested on January 1, 2023, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on October 1, 2023 were delivered on October 2, 2023. |
F6 | On August 17, 2022, the reporting person was granted 87,970 restricted stock units that vest as follows: 1/4 of the restricted stock units vested on January 1, 2023, and 1/16 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on October 1, 2023 were delivered on April 3, 2023. |
Reporting Person's title is Senior Vice President, Sales, Marketing & Product Strategy.