Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LIF | Common stock | Award | $0 | +32.5K | +18.14% | $0.00 | 211K | Apr 9, 2025 | Direct | F1, F2 |
transaction | LIF | Common stock | Sale | -$102K | -2.98K | -1.41% | $34.36 | 209K | Apr 10, 2025 | Direct | F2, F3, F4 |
transaction | LIF | Common stock | Sale | -$4.38K | -125 | -0.06% | $35.03 | 208K | Apr 10, 2025 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Represents the grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 1/48th of the RSUs will vest monthly from January 1, 2025, subject to the Reporting Person's continuous service through each vesting date. |
F2 | Includes 131,408 RSUs previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. |
F3 | The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 6, 2024. The Rule 10b5-1 trading plan is a written, preestablished trading plan that provides for the automatic sale of Company stock pursuant to predetermined criteria. The Reporting Person adopted the plan at a time when they were not aware of any material nonpublic information about the Company. |
F4 | The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $33.82 to $34.71, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range. |