Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BE | Stock Option (Right to Buy) | Award | $0 | +90K | $0.00 | 90K | Mar 15, 2025 | Common Stock | 90K | $11.90 | Direct | F1 |
Id | Content |
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F1 | On August 29, 2024, the Reporting Person was granted an option to purchase 180,000 shares of the Company's Class A Common Stock. The option vests in three annual installments based on the Reporting Person's satisfaction of certain performance criteria, and subject to the Reporting Person's continued service through each applicable vesting date. The performance criteria for the first installment exceeded target as determined by the Compensation Committee on February 18, 2025, which resulted in a payout of 150% of target, resulting in the vesting of the option to purchase 90,000 shares of the Company's Class A Common Stock. |