| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ALRM | Common Stock | Sale | -$45.1K | -868 | -14.84% | $52.00 | 4.98K | Jun 7, 2023 | Direct | F1 |
| transaction | ALRM | Common Stock | Award | $0 | +2.84K | +56.95% | $0.00 | 7.82K | Jun 8, 2023 | 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 | These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 10, 2022. |
| F2 | Represents a grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. |
| F3 | The shares underlying this restricted stock unit award vest on the date preceding the date of the Issuer's 2024 annual meeting of stockholders, subject to the Reporting Person's continued service with the Issuer on such date. |