Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ECOR | Common Stock | Award | $0 | +40K | +16.03% | $0.00 | 290K | Jan 18, 2025 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Represents a grant of Restricted Stock Units of the Issuer. The grant vests (i) with respect to 33% of the underlying shares of Common Stock on each of the first, second, and third anniversaries of the date of grant, in each case provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) if and to the extent not already vested, in the case of termination of the Reporting Person without "cause" or resignation for "good reason" within two years after a "change in control" as such terms are defined in the Issuer's Executive Severance Policy. |
F2 | Includes an additional 75,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 25,000 of such shares have vested and (ii) 50,000 of such shares will potentially vest in one-half increments on each of January 16, 2026, and January 16, 2027. All such unvested shares were previously reported on a Form 4 filing at the time of grant. |
F3 | Includes an additional 50,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 16,667 of such shares have vested and (ii) 33,333 of such shares will potentially vest in one-half increments on each of August 4, 2025, and August 4, 2026. All such unvested shares were previously reported on a Form 4 filing at the time of grant. |