Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MYPS | Class A Common Stock | Options Exercise | $0 | +25K | +21.33% | $0.00 | 142K | Mar 11, 2024 | Direct | F2 |
transaction | MYPS | Class A Common Stock | Tax liability | -$26.5K | -12K | -8.47% | $2.20 | 130K | Mar 11, 2024 | Direct | F3 |
holding | MYPS | Class A Common Stock | 117K | Mar 11, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MYPS | Restricted Stock Units | Award | $0 | +25K | $0.00 | 25K | Mar 11, 2024 | Class A Common Stock | 25K | $0.00 | Direct | F4, F5 | |
transaction | MYPS | Restricted Stock Units | Options Exercise | $0 | -25K | -100% | $0.00* | 0 | Mar 11, 2024 | Class A Common Stock | 25K | $0.00 | Direct | F4, F5 |
transaction | MYPS | Restricted Stock Units | Award | $0 | +358K | $0.00 | 358K | Mar 11, 2024 | Class A Common Stock | 358K | $0.00 | Direct | F4, F6 | |
transaction | MYPS | Performance Stock Units | Award | $0 | +41.7K | $0.00 | 41.7K | Mar 11, 2024 | Class A Common Stock | 41.7K | $0.00 | Direct | F7 | |
holding | MYPS | Restricted Stock Units | 100K | Mar 11, 2024 | Class A Common Stock | 100K | $0.00 | Direct | F4, F8 | |||||
holding | MYPS | Stock Options | 46.6K | Mar 11, 2024 | Class A Common Stock | 46.6K | $0.90 | Direct | ||||||
holding | MYPS | Stock Options | 93.2K | Mar 11, 2024 | Class A Common Stock | 93.2K | $1.44 | Direct | ||||||
holding | MYPS | Stock Option | 93.2K | Mar 11, 2024 | Class A Common Stock | 93.2K | $1.01 | Direct | ||||||
holding | MYPS | Earnout Shares | 28K | Mar 11, 2024 | Class A Common Stock | 28K | $0.00 | Direct | F9 |
Id | Content |
---|---|
F1 | The original Form 4 filed on March 13, 2024 is amended to reflect an initial holding of 117,179 shares of Class A Common Stock rather than 157,179 shares as originally reported. |
F2 | Represents shares of Class A common stock, $0.0001 par value per share ("Class A Common Stock"), issued upon settlement of fully vested Restricted Stock Units awarded to the Reporting Person on March 11, 2024. |
F3 | Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units and does not represent an open market sale. |
F4 | Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. |
F5 | On March 11, 2024, the Reporting Person was granted 25,000 fully vested Restricted Stock Units. |
F6 | Represents a grant of unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 66,667 Restricted Stock Units vesting on May 15, 2024; 125,000 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on May 15, 2026; and 83,334 Restricted Stock Units vesting on May 15, 2027. |
F7 | Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share of Class A Common Stock. The actual number of shares of Class A Common Stock to be issued upon vesting of such Performance Stock Units will be determined based on, and will be contingent upon, the achievement of certain pre-established performance metrics, as determined by the Compensation Committee of the Company's Board of Directors, for the fiscal year ending December 31, 2024. |
F8 | On February 23, 2022, the Reporting Person was granted 300,000 unvested Restricted Stock Units. The Restricted Stock Units vest in three equal installments, with one-third vesting on May 15, 2022, one-third vesting on May 15, 2023, and one-third vesting on May 15, 2024, subject in each case to continued employment with the Company through the applicable vesting date. |
F9 | Payable in two equal tranches if the closing price of the Class A Common Stock exceeds $12.50 and $15.00 per share, respectively, for any 20 trading days within any 30-trading day period commencing on or after the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, to which the Issuer is a party, and ending no later than the five-year anniversary of the Closing. The Earnout Shares are also subject to potential vesting based on the price targets in connection with a sale of the Issuer. |