Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PMTS | Restricted Stock Units | Award | $0 | +1.45K | $0.00 | 1.45K | Mar 29, 2024 | Common Stock | 1.45K | Direct | F1, F2, F3 | ||
transaction | PMTS | Restricted Stock Units | Options Exercise | $0 | -627 | -100% | $0.00* | 0 | Mar 31, 2024 | Common Stock | 627 | Direct | F1, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU. |
F2 | This line represents deferred RSUs. The shares of Common Stock underlying these RSUs will be issued to the Reporting Person following the Reporting Person's separation from service with the Issuer. |
F3 | The 1,448 RSUs reported on this line vest on the first anniversary of the March 29, 2024 award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement. |
F4 | This line reports 100% of the RSUs that were awarded on the March 31, 2023 award date, which vested on the 12 month anniversary of the award date. |