| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +60K | $0.00 | 60K | Mar 15, 2022 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IOT | Class B Common Stock | Options Exercise | $0 | -60K | -25% | $0.00 | 180K | Mar 15, 2022 | Class B Common Stock | 60K | Direct | F1, F2, F3 | |
| transaction | IOT | Class B Common Stock | Options Exercise | $0 | +60K | $0.00 | 60K | Mar 15, 2022 | Class A Common Stock | 60K | $0.00 | Direct | F3 | |
| transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -60K | -100% | $0.00* | 0 | Mar 15, 2022 | Class A Common Stock | 60K | $0.00 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | The reported shares are represented by restricted stock units, or RSUs, that vested as to 1/4 of the total shares subject to the RSU on March 15, 2022 and vest thereafter on a quarterly basis through March 15, 2025. |
| F2 | Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class B Common Stock. |
| F3 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. |