Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | S | Class A Common Stock | Sale | -$99.6K | -5.56K | -2.28% | $17.91 | 239K | Nov 7, 2022 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person. Pursuant to the Issuer's equity incentive plan, an award recipient's tax withholding obligations must be funded by a "sell to cover" transaction. |
F2 | Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. |