Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLDP | Common Stock | Options Exercise | $5.63K | +188K | +27.06% | $0.03* | 880K | Apr 3, 2024 | Direct | F1 |
transaction | SLDP | Common Stock | Sale | -$349K | -188K | -21.29% | $1.86 | 693K | Apr 3, 2024 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLDP | Stock Option (Right to Buy) | Options Exercise | $0 | -188K | -7.68% | $0.00 | 2.25M | Apr 3, 2024 | Common Stock | 188K | $0.03 | Direct | F1 |
Id | Content |
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F1 | The transactions reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 1, 2023 (the "10b5-1 Plan") for a stock option award set to expire on March 20, 2025. The 10b5-1 Plan is structured to include several sale periods and was established to cover the reporting person's tax liability arising from the option exercises and for longer-term asset diversification. |
F2 | This sale was made pursuant to the 10b5-1 Plan. |
F3 | This transaction was executed in multiple trades at prices ranging from $1.82 to $1.915. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |