Tom Sharma - Jun 17, 2022 Form 4 Insider Report for INTEGRAL AD SCIENCE HOLDING CORP. (IAS)

Role
Chief Product Officer
Signature
Joe Pergola
Stock symbol
IAS
Transactions as of
Jun 17, 2022
Transactions value $
$0
Form type
4
Date filed
6/17/2022, 04:04 PM
Previous filing
Jun 29, 2021
Next filing
Mar 23, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IAS Common Stock, $0.001 par value Award $0 +381K $0.00 381K Jun 17, 2022 Common Stock, $0.001 par value 381K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of market stock units reported represents the maximum possible number of shares that are eligible for vesting, which is 225% of the number of shares that would be earned at target. The minimum payout factor that must be achieved to earn any payout is 60%. The actual number of shares that will vest on each vesting date will be determined by comparing the price of common stock on the applicable vesting date to the price of common stock on April 29, 2022 (i.e., number of vested shares is equal to (i) the number of shares at target payout multiplied by (ii) (a) the average price of common stock for the 10 trading days immediately preceding the applicable vesting date divided by (b) the closing stock price on April 29, 2022).
F2 The market stock units vest 25% on May 2, 2023 and in equal installments every three months thereafter over a three year period, subject to continued employment.