Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RXRX | Class B Common Stock | Conversion of derivative security | $0 | -100K | -1.56% | $0.00 | 6.33M | Jun 5, 2024 | Class A Common Stock | 100K | $0.00 | Direct | F1, F2, F3, F4 |
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 automatic conversion of Class B Common Stock into Class A Common Stock in connection with a disposition of shares by the Reporting Person. |
F2 | This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2023. |
F3 | This amendment corrects the amount of shares converted from Class B Common Stock to Class A Common Stock from 25,000 to 100,000 shares. |
F4 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |