Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | MERC | Restricted Stock Rights ("RSRs") | May 1, 2022 | Common Stock | 50K | Direct | F1 |
Id | Content |
---|---|
F1 | Represents time-based RSRs that provide a contingent right to receive on the vesting date, at the election of the Issuer's board of directors or compensation committee, either an equivalent number of shares of common stock of the Issuer or a cash amount equal to the fair market value thereof on the vesting date. The RSRs vest on May 2, 2023 and are contingent on the continued service of the Reporting Person until such date. |