Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | THRD | Employee Stock Option (right to buy) | Award | $0 | +100K | $0.00 | 100K | Jan 15, 2025 | Common Stock | 100K | $6.00 | Direct | F1, F2 | |
transaction | THRD | Restricted Stock Unit | Award | $0 | +12.5K | $0.00 | 12.5K | Jan 15, 2025 | Common Stock | 12.5K | Direct | F1, F3, F4 |
Id | Content |
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F1 | The equity awards of the Reporting Person in this Form 4 were approved on December 17, 2024 by the board of directors as part of the annual refresh equity grant process of the registrant with an effective grant date of January 15, 2025. |
F2 | The option vests over a four-year period: 2.0833% shall vest on February 15, 2025, after which 2.0833% of the total shares vest monthly, subject to contioued service through each vestiog date. |
F3 | Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. |
F4 | The RSU vests over a four-year period: 1/4 on Febuary 15, 2026, after which 1/4 of the total shares vest annually, subject to contioued service through each vestiog date. |