Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VCSA | Class A Common Stock | Award | $0 | +670K | +30.21% | $0.00 | 2.89M | Feb 27, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VCSA | Performance Stock Unit | Award | $0 | +1.12M | $0.00 | 1.12M | Feb 27, 2023 | Class A Common Stock | 1.12M | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Represents an award of restricted stock units, or RSUs, which vests in twelve equal quarterly installments beginning on May 20, 2023. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F2 | Each performance stock unit, or PSU, represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F3 | The PSUs vest based on the Issuer's stock price performance over a performance period beginning on February 20, 2023 and ending on February 20, 2026, subject to satisfying certain service-based conditions. The award will vest, if at all, in twelve quarterly tranches beginning on May 20, 2023 based on continued service and the Issuer's stock price exceeding certain thresholds. Any portion of the award that has not been earned by February 20, 2026 will be forfeited. |