Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Class T Common Stock | Other | -5.28K | -100% | 0 | Aug 5, 2024 | Direct | F1, F2 | ||
transaction | NONE | Common Stock | Other | +5.28K | +9.5% | 60.8K | Aug 5, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Restricted Stock Unit | Other | -5.97K | -100% | 0 | Aug 5, 2024 | Class T Common Stock | 5.97K | Direct | F3, F4, F5 | |||
transaction | NONE | Restricted Stock Unit | Other | +5.97K | 5.97K | Aug 5, 2024 | Common Stock | 5.97K | 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 of unvested restricted Class T Common Stock, which were previously reported on the Reporting Person's Form 4 on a rounded-up basis, were cancelled pursuant to the terms of the governing award agreement. |
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 8,957 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. |