Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OPAL | Class A common stock | Options Exercise | +32.9K | +205.65% | 48.9K | Mar 31, 2024 | Direct | F1 | ||
transaction | OPAL | Class A common stock | Tax liability | -$62.5K | -12.5K | -25.49% | $5.02 | 36.4K | Mar 31, 2024 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OPAL | Restricted Stock Units | Award | $0 | +232K | +281.04% | $0.00 | 314K | Mar 31, 2024 | Class A common stock | 232K | Direct | F3 | |
transaction | OPAL | Restricted Stock Units | Options Exercise | $0 | -32.9K | -10.46% | $0.00 | 281K | Apr 1, 2024 | Class A common stock | 32.9K | Direct | F1 | |
transaction | OPAL | Stock options (right to buy) | Award | $0 | +41.2K | $0.00 | 41.2K | Mar 31, 2024 | Class A common stock | 41.2K | $5.02 | Direct | F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date. |
F2 | Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units. The total value of securities withheld was based on a price of $5.02 per share, the closing price of Class A common stock on March 28, 2024. |
F3 | The Reporting Person was granted restricted stock units ("RSUs") pursuant to the terms under the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"), which represent a contingent right to receive one share of common stock for each RSU. 32,880 RSUs vested on March 31, 2024, 56,401 RSUs are scheduled to vest on March 31, 2025, 40,260 RSUs on March 31, 2026 and 184,813 RSUs on March 31, 2027, provided, that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. |
F4 | The Reporting Person was granted an option to purchase shares of the Issuer's Class A common stock (the "Option") pursuant to the terms under the Plan at an exercise price of $5.02 per share, which was the closing price per share of the Issuer's Class A common stock on March 28, 2024, as quoted on the Nasdaq Stock Market. The Option vests in three (3) equal installments on each of the following dates: (i) March 31, 2025, (ii) March 31, 2026, and (iii) March 31, 2027, provided, that the Reporting Person continues to provide services to the Issuer through the applicable vesting date. |