Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DTC | Performance Stock Unit | Award | $0 | +1.47M | $0.00 | 1.47M | Apr 8, 2024 | Class A Common Stock | 1.47M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock. |
F2 | The PSUs will vest, if at all, as to 735,000 of the underlying shares in three approximately equal installments if the 30-day volume weighted average trading price of the Issuer's Class A Common Stock exceeds certain price thresholds prior to September 15, 2027, and as to 733,000 of the underlying shares, if at all, if the 30-day volume weighted average trading price of the Issuer's Class A Common Stock exceeds a certain price threshold prior to September 15, 2027. |