Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATEN | Common Stock | Award | $0 | +7.76K | +21.73% | $0.00 | 43.5K | Feb 6, 2025 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATEN | Performance-based Restricted Stock Units | Award | $0 | +7.76K | $0.00 | 7.76K | Feb 6, 2025 | Common Stock | 7.76K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the total RSUs will vest on each of the first three (3) anniversaries of the Vesting Commencement Date (2/1/2025), provided that the Reporting Person continues to serve through each such vesting date. |
F2 | Each share is represented by a Performance-based Restricted Stock Unit ("PSU"). |
F3 | Grant of 7,764 PSUs, each of which represents a contingent right to receive one share of common stock of ATEN, with vesting subject to the achievement of specified levels of the volume weighted average closing prices of a share of ATEN common stock during any one hundred (100) day period between February 6, 2025 and February 6, 2029. Once a milestone is met, vesting is subject to continued employment with the Company through the applicable vesting date, the first fifty percent (50%) of which will occur within thirty (30) days of achievment of the applicable milestone and the balance to vest twenty-five percent (25%) on each of the first and second anniversaries of achievement of the corresponding performance milestone. |