Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HNST | Common Stock | Award | $0 | +106K | +139.63% | $0.00 | 182K | May 24, 2023 | Direct | F1, F2, F3 |
Id | Content |
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F1 | Grant of restricted stock units (RSUs). The RSUs are payable in an equivalent number of shares of the Issuer's common stock. 100% of the RSUs shall vest on the earlier of (i) May 24, 2024 and (ii) the date immediately prior to the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service through the applicable vesting date. |
F2 | Includes 181,648 RSUs which are payable in an equivalent number of shares of the Issuer's common stock. The number of shares reported as beneficially owned reflects the transfer, for no consideration, of certain shares that were previously held by the Reporting Person, to Institutional Venture Management XIII, LLC ("IVM XIII"). Such shares were held by the Reporting Person for the benefit of IVM XIII pursuant to a Director Compensation Assignment Agreement, as described in footnote (3) below. |
F3 | Eric Liaw has entered into a Director Compensation Assignment Agreement, pursuant to which he has agreed to assign the beneficial interest in any equity awards granted to him for his service as director of the Issuer to IVM XIII. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, J. Sanford Miller and Dennis B. Phelps, Jr. as the managing directors of IVM XIII, may be deemed to have shared beneficial ownership of the equity awards granted to Eric Liaw. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. |