Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMC | Common Stock | Options Exercise | +10.1K | +25.13% | 50.4K | Jan 18, 2025 | Direct | F1 | ||
transaction | SMC | Common Stock | Tax liability | -$110K | -2.65K | -5.25% | $41.57 | 47.8K | Jan 18, 2025 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMC | Corporation Restricted Stock Units | Options Exercise | $0 | -10.1K | -10.34% | $0.00 | 87.8K | Jan 18, 2025 | Common Stock | 10.1K | Direct | F1, F3, F4, F5 |
Id | Content |
---|---|
F1 | Each corporation restricted stock unit is the economic equivalent of one common stock. |
F2 | Common stocks being withheld to pay tax liability. |
F3 | One-third of the corporation restricted stock units subject to the original award agreement vested on January 18, 2025, with the remaining corporation restricted stock units subject to vesting on the second and third anniversaries of the January 18, 2024 reference date, subject to continued employment. The Reporting Person received distribution equivalent rights ("DERs") for each corporation restricted stock unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the corporation restricted stock units. |
F4 | The corporation restricted stock units and associated DERs do not expire. The corporation restricted stock units are settled upon vesting in common stocks (on a one-for-one basis) or in cash, at the discretion of the Issuer. |
F5 | This total includes corporation restricted stock units from other tranches with different vesting dates. |