Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FLNC | Class A Common Stock | Options Exercise | +45.2K | 45.2K | Sep 15, 2023 | Direct | F1 | |||
transaction | FLNC | Class A Common Stock | Tax liability | -$564K | -22.4K | -49.45% | $25.24 | 22.9K | Sep 15, 2023 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FLNC | Restricted Stock Unit | Options Exercise | $0 | -45.2K | -33.33% | $0.00 | 90.4K | Sep 15, 2023 | Class A Common Stock | 45.2K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer. |
F2 | Represents the number of shares of Class A Common Stock that have been withheld to satisfy income tax withholding obligations in connection with the vesting of the RSUs. |
F3 | The RSUs will vest in three equal annual installments with the first installment having vested on September 15, 2023, the second installment vesting on September 15, 2024, and the final installment vesting on September 15, 2025, subject to continued service through the applicable vesting date. The RSUs have no expiration date. |