| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RDVT | Common Stock | Award | +6.67K | +4.13% | 168K | Nov 11, 2021 | Direct | F1, F2, F3, F4 | ||
| transaction | RDVT | Common Stock | Tax liability | -$98.6K | -2.82K | -1.68% | $34.90 | 165K | Nov 11, 2021 | Direct | F2, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Represents the first vesting of 6,667 restricted stock units (RSUs) of a grant originally approved by the Company's Compensation Committee on November 20, 2020. |
| F2 | Includes 13,333 RSUs originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vest in approximately two equal installments on each of November 1, 2022, and November 1, 2023, subject to accelerated vested under certain conditions. |
| F3 | Includes 25,000 RSUs originally granted on September 24, 2021, convertible into common stock of the issuer on a one-for-one basis, which vest in three equal installments on each of October 1, 2022, October 1, 2023 and October 1, 2024, subject to accelerated vested under certain conditions. |
| F4 | Includes 75,000 RSUs originally granted on August 28, 2019 (the "2019 Performance Grant"), subject to performance criteria and accelerated vesting under certain conditions. The 2019 Performance Grant shall not vest unless and until the Company has, for any fiscal quarter through September 30, 2022 (i) gross revenue determined in accordance with the Company's reviewed or audited financial statements in excess of $12.5 million for such fiscal quarter, (ii) positive adjusted EBITDA of at least $2.0 million, as determined based on the Company's reviewed or audited financial statements for such fiscal quarter, and (iii) the participant continues to provide services to the Company either as an employee, director or consultant on the last date of the quarter that the performance criteria is met (collectively, the "2019 Performance Criteria"). If the 2019 Performance Criteria are met, the RSUs vest one-third annually on each of September 1, 2020, September 1, 2021, and September 1, 2022. |
| F5 | Represents the disposition to issuer for tax obligations upon the vesting of RSUs. |