Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | S | Class A Common Stock | Sale | -$162K | -5.66K | -2.82% | $28.61 | 195K | May 6, 2022 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. These sales are mandated by the Issuer's election under its equity incentive plan to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. |
F2 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.52 to $28.61. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F3 | Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. |