Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | MDWT | Stock Option (right to buy) | 100 | Nov 11, 2021 | Voting Common Stock | 100 | $25.00 | Direct | F3 |
Id | Content |
---|---|
F1 | The reported shares underlie a restricted stock unit award which vests on the earlier of the first anniversary of its date of grant and the next date of the annual meeting of stockholders, subject to the terms of the restricted stock unit agreement and the Issuer's Long-Term Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of voting common stock of the Issuer. |
F2 | The shares were purchased by the Goel Family LTD Partnership II. The general partner is the reporting person's father and the reporting person is one of three limited partners. The reporting person disclaims beneficial ownership of the Midwest Holding Inc. voting common stock held by the limited partnership except to the extent of his pecuniary interest therein. |
F3 | 33 shares became exercisable on July 17, 2021, and the remaining 67 shares will become exercisable on July 17, 2023. |