Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KIND | Restricted Stock Units (RSU) | Award | $0 | +215K | $0.00 | 215K | Nov 9, 2023 | Class A Common Stock | 215K | Direct | F1, F2, F3 | ||
transaction | KIND | Stock Option (Right to Buy) | Award | $0 | +342K | $0.00 | 342K | Nov 9, 2023 | Class A Common Stock | 342K | $1.44 | Direct | F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F2 | The RSU award vests in nine equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, beginning on January 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date. |
F3 | These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |
F4 | The stock option award vests in equal monthly installments over twenty-six months, beginning on December 7, 2023, subject to the reporting person's continued service to the Issuer on each vesting date. |