Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IBTA | Class A Common Stock | Award | $0 | +96.6K | +60.36% | $0.00 | 257K | Jan 13, 2025 | Direct | F1, F2 |
holding | IBTA | Class A Common Stock | 206K | Jan 13, 2025 | See footnote | F3 | |||||
holding | IBTA | Class A Common Stock | 285K | Jan 13, 2025 | See footnote | F4 | |||||
holding | IBTA | Class A Common Stock | 45K | Jan 13, 2025 | See footnote | F5 |
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. 1/16th of the RSUs will vest on March 1, 2025 and on each three-month anniversary thereafter, subject to the Reporting Person's continuous service through each such date. |
F2 | Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. |
F3 | These shares are held by Flat Tops 2024 Trust, of which Reporting Person's spouse is trustee, and Reporting Person's spouse and children are beneficiaries. |
F4 | These shares are held by Reporting Person's spouse. |
F5 | The shares are held by Flat Tops Ventures, LLC, which is 1% owned by the Reporting Person and 99% owned by the Swanson 2021 Irrevocable Trust for the benefit of the Reporting Person's children. |