Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ETWO | Restricted Stock Unit | Award | $0 | +21.1K | $0.00 | 21.1K | Apr 16, 2025 | Class A Common Stock | 21.1K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of ETWO common stock. |
F2 | The restricted stock units that performance vested will time vest one-third (1/3rd) on May 1, 2025, and two-thirds (2/3rds) will vest equally on each three-month anniversary thereafter for two years with the last vesting occurring on May 1, 2027. The restricted stock units were initially granted May 1, 2024 subject to achieving certain preset performance metrics. On April 16, 2025, the Compensation Committee determined that performance of these metrics was less than target resulting in the issuance of a below-target number of restricted stock units. |