Geir Skaaden - Mar 1, 2024 Form 4 Insider Report for Xperi Inc. (XPER)

Role
Chief Prod. & Servs Off.
Signature
/s/ Robert J. Andersen, as Attorney-in-Fact
Stock symbol
XPER
Transactions as of
Mar 1, 2024
Transactions value $
-$225,205
Form type
4
Date filed
3/5/2024, 06:26 PM
Previous filing
Aug 1, 2023
Next filing
Jul 29, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPER Common Stock Tax liability -$225K -20K -11% $11.28 162K Mar 1, 2024 Direct F1
transaction XPER Common Stock Award $0 +96K +59.4% $0.00 258K Mar 1, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were withheld to satisfy tax withholding obligations in connection with the release of shares subject to vesting.
F2 The restricted stock units ("RSUs") shall vest in four equal installments beginning on March 1, 2025 and annually thereafter until fully vested.
F3 Each restricted stock unit represents a contingent right to receive one share of Xperi Inc. common stock.