Deepa Kurian - 25 Apr 2022 Form 4 Insider Report for E2open Parent Holdings, Inc. (ETWO)

Role
Chief Accounting Officer
Signature
/s/ Jennifer S. Grafton by Power of Attorney
Issuer symbol
ETWO
Transactions as of
25 Apr 2022
Transactions value $
$0
Form type
4
Filing time
26 Apr 2022, 16:39:09 UTC
Previous filing
07 Jul 2021
Next filing
24 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ETWO Restricted Stock Units Award $0 +19.7K $0.00 19.7K 25 Apr 2022 Class A Common Stock 19.7K Direct F1, F2
transaction ETWO Stock Option Award $0 +47.2K $0.00 47.2K 25 Apr 2022 Class A Common Stock 47.2K $9.77 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of ETWO common stock.
F2 The restricted stock units vest in four equal annual installments beginning May 21, 2022. The restricted stock units were initially granted May 21, 2021 subject to achieving a fiscal year 2022 organic revenue growth metric. On April 25, 2022, the Compensation Committee determined that 144.7% of the original target had been achieved resulting in the issuance of an above-target number of restricted stock units.
F3 The option vests in four installments. The first installment vested immediately upon satisfaction of the underlying performance conditions and the remaining three tranches vest in thirds on March 1, 2023, 2024 and 2025.