Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MYPS | Class A Common Stock | 534K | Mar 7, 2025 | by Scott E Peterson Trust | ||||||
holding | MYPS | Class A Common Stock | 33.9K | Mar 7, 2025 | By Spouse | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MYPS | Restricted Stock Units | Award | $0 | +333K | $0.00 | 333K | Mar 7, 2025 | Class A Common Stock | 333K | $0.00 | Direct | F2 | |
transaction | MYPS | Performance Stock Units | Award | $0 | +250K | $0.00 | 250K | Mar 7, 2025 | Class A Common Stock | 250K | $0.00 | Direct | F3 | |
holding | MYPS | Restricted Stock Units | 583K | Mar 7, 2025 | Class A Common Stock | 583K | $0.00 | Direct | F4, F5 | |||||
holding | MYPS | Stock Options | 68K | Mar 7, 2025 | Class A Common Stock | 68K | $1.01 | Direct | ||||||
holding | MYPS | Stock Options | 68K | Mar 7, 2025 | Class A Common Stock | 68K | $1.44 | Direct | ||||||
holding | MYPS | Earnout Shares | 12.8K | Mar 7, 2025 | Class A Common Stock | 12.8K | $0.00 | Direct | F6 | |||||
holding | MYPS | Earnout Shares | 50.5K | Mar 7, 2025 | Class A Common Stock | 50.5K | $0.00 | by Scott E Peterson Trust | F6 |
Id | Content |
---|---|
F1 | Reflects shares owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and the inclusion of such shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose |
F2 | Represents a grant of unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 83,333 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on January 15, 2026; 83,334 Restricted Stock Units vesting on January 15, 2027; and 83,333 Restricted Stock Units vesting on January 15, 2028. |
F3 | Represents a grant of unvested Performance Stock Units. Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share of Class A Common Stock. The actual number of shares of Class A Common Stock to be issued upon vesting of such Performance Stock Units will be determined based on, and will be contingent upon, the achievement of certain pre-established performance metrics, as determined by the Compensation Committee of the Company's Board of Directors, for the fiscal year ending December 31, 2025. |
F4 | Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. |
F5 | On March 11, 2024, the Reporting Person was granted 766,669 unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 183,334 Restricted Stock Units vesting on May 15, 2024; 250,001 Restricted Stock Units vesting on May 15, 2025; 166,667 Restricted Stock Units vesting on May 15, 2026; and 166,667 Restricted Stock Units vesting on May 15, 2027. |
F6 | Payable in two equal tranches if the closing price of the Class A Common Stock exceeds $12.50 and $15.00 per share, respectively, for any 20 trading days within any 30-trading day period commencing on or after the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, to which the Issuer is a party, and ending no later than the five-year anniversary of the Closing. The Earnout Shares are also subject to potential vesting based on the price targets in connection with a sale of the Issuer. |