Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MQ | Stock Option (Right to Buy) | Award | $0 | +413K | $0.00 | 413K | Mar 15, 2022 | Class A Common Stock | 413K | $8.72 | Direct | F1 | |
transaction | MQ | Restricted Stock Units | Award | $0 | +150K | $0.00 | 150K | Mar 15, 2022 | Class A Common Stock | 150K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The stock option vests in 48 monthly installments after January 1, 2022, subject to the Reporting Person's continued service to the Issuer as of each vesting date. |
F2 | Each restricted stock unit is convertible into one share of Class A Common Stock. |
F3 | One-sixteenth (1/16th) of the restricted stock units vest on March 21, 2022, and an additional one-sixteenth (1/16th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date. |