Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VLD | Restricted Stock Units | Options Exercise | $0 | -899 | -16.68% | $0.00 | 4.49K | Jun 18, 2024 | Common Stock | 899 | Direct | F1, F2, F4 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration. |
F2 | Reflects the 1-for-35 reverse stock split effected by the Issuer on June 13, 2024. |
F3 | The sale of shares is for the sole purpose of covering the Reporting Person's tax liability and broker fees with respect to the settlement of restricted stock units. |
F4 | The RSUs vest in 12 equal monthly installments over one year, beginning January 18, 2024, subject to the continuing service of the Reporting Person on each vesting date. |