Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RGTI | Common Stock | Award | $0 | +200K | +16.04% | $0.00 | 1.45M | Mar 10, 2025 | Direct | F1 |
transaction | RGTI | Common Stock | Sale | -$2.73M | -352K | -24.32% | $7.76 | 1.09M | Mar 11, 2025 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. One-sixteenth (1/16th) of the total number of RSUs (rounded down, except for the final scheduled vesting installment) will vest on the 20th day of the middle month of each quarter (i.e., February 20, May 20, August 20 and November 20) with the first one-sixteenth (1/16th) of the total number of RSUs vesting on May 20, 2025, subject to the Reporting Person's continuous service with the Issuer through each such vesting date. |
F2 | The sales reported in this row represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of RSUs. |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.645 to $8.105, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
Exhibit 24 - Power of Attorney