Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Class T Common Stock | Other | -31.3K | -100% | 0 | Aug 5, 2024 | Direct | F1, F2 | ||
transaction | NONE | Common Stock | Other | +31.3K | +24.82% | 157K | Aug 5, 2024 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Restricted Stock Unit | Other | -13.5K | -100% | 0 | Aug 5, 2024 | Class T Common Stock | 13.5K | Direct | F3, F4, F5 | |||
transaction | NONE | Restricted Stock Unit | Other | +13.5K | 13.5K | Aug 5, 2024 | Common Stock | 13.5K | Direct | F4, F5, F6 |
Id | Content |
---|---|
F1 | Pursuant to a reclassification exempt by Rule 16b-7 promulgated under the Securities Exchange Act of 1934, as amended, each outstanding share of the Issuer's Class T Common Stock automatically converted into one share of the Issuer's Common Stock on August 5, 2024, with cash paid in lieu of fractional shares. |
F2 | Certain fractional shares were previously reported on the Reporting Person's Form 4 on a rounded-up basis and have now been paid cash in lieu in connection with footnote 1 above. |
F3 | Each restricted stock unit represented a contingent right to receive one share of the Issuer's Class T Common Stock. |
F4 | Pursuant to a reclassification exempt by Rule 16b-7 promulgated under the Securities Exchange Act of 1934, as amended, each outstanding restricted stock unit of the Issuer's Class T Common Stock automatically converted into one restricted stock unit of the Issuer's Common Stock on August 5, 2024. |
F5 | On April 3, 2023, the Issuer awarded the Reporting Person 20,303 time-based restricted stock units ("RSUs"). The RSUs vest in three installments on April 3, 2024, 2025 and 2026 (subject to continuous employment through each vesting date). |
F6 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |