Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NAPA | Common Stock | Award | $0 | +41.7 K | +68.32% | $0.00 | 103 K | Oct 11, 2023 | Direct | F1 |
holding | NAPA | Common Stock | 375 K | Oct 11, 2023 | By trust | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NAPA | Stock Options | Award | $0 | +125 K | $0.00 | 125 K | Oct 11, 2023 | Common Stock | 125 K | $9.90 | Direct | F3 |
Id | Content |
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F1 | The reported transaction constitutes a grant of restricted stock units, which were granted under the company's 2021 Equity Incentive Plan and vests 25% per year over a four-year period. |
F2 | Shares held of record by Zach Rasmuson, trustee of the Rasmuson 2016 Family Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose. |
F3 | These stock options vest in four (4) equal annual installments, commencing September 19, 2023, and expire on the tenth anniversary of the grant. |
Executive Vice President, Chief Operating Officer.