Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FLNC | Class A Common Stock | Options Exercise | $0 | +40.9K | +134.67% | $0.00 | 71.3K | Apr 28, 2023 | Direct | |
transaction | FLNC | Class A Common Stock | Tax liability | -$329K | -18.2K | -25.45% | $18.10 | 53.2K | Apr 28, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FLNC | Phantom Unit | Options Exercise | -40.9K | -50% | 40.9K | Apr 28, 2023 | Class A Common Stock | 40.9K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Reflects shares withheld to cover the Reporting Person's tax liability in connection with the vesting and settlement of the phantom units reported herein. |
F2 | Each phantom unit is the economic equivalent of one share of the Issuer's Class A common stock and is settled in cash or shares at the discretion of the Issuer's board of directors. |
F3 | The phantom units will vest and settle in three equal annual installments with the first installment having vested and settled in shares on April 28, 2022, the second installment having vested and settled in shares on April 28, 2023 and the final installment vesting on April 28, 2024, subject to continued employment of the Reporting Person on such vesting date. |