Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EVC | Class A common stock | Award | $0 | +300K | +106.47% | $0.00 | 582K | Jan 21, 2025 | Direct | F1, F2 |
holding | EVC | Class A common stock | 401K | Jan 21, 2025 | By family trust | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EVC | Performance Units | Award | $0 | +230K | +230% | $0.00 | 330K | Jan 21, 2025 | Class A common stock | 230K | Direct | F4 |
Id | Content |
---|---|
F1 | Represents an award of 300,000 restricted stock units that vests as follows: (i) 25% on December 20, 2025; (ii) 25% on December 20, 2026; (iii) 25% on December 20, 2027; and (iv) 25% on December 20, 2028. |
F2 | Includes 504,500 restricted stock units and 77,262 shares of Class A common stock. The reporting person also has indirect beneficial ownership of 401,095 shares of Class A common stock held by a family trust. |
F3 | Excludes 77,262 shares of Class A common stock and 504,500 restricted stock units directly owned by the reporting person. |
F4 | Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting, with 20% vesting on January 21, 2026 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches. |