Key facts
- This page summarizes William Mitchell Greenblatt's Form 4 filing for Andover National Corp.
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 05 Oct 2021, 16:16.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
Award
Additional SEC filing notes
Footnote F1
On October 5, 2021, the Issuer cancelled 7,500 unvested restricted stock units ("RSUs") previously granted under the Andover National Corporation 2019 Equity Incentive Plan (the "Plan") in exchange for 9,375 performance RSUs ("PSUs"). Each PSU represents a contingent right to receive one share of the Issuer's Class A common stock. In addition to time-based vesting, the PSUs are also subject to performance vesting that is only satisfied upon the occurrence of a "Liquidity Event" (as defined in the PSU Agreement to include the listing of a class of the Issuer's equity security on a national securities exchange or the occurrence of a Change of Control (as defined in the Plan)) and continued service with the Issuer through the applicable vesting date. For the time-based vesting component, beginning on October 29, 2021, 9,375 PSUs vest in (6) six equal quarterly installments.