Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | BBLN | Class A ordinary shares | 53K | Jan 1, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | BBLN | Restricted share units | Jan 1, 2023 | Class A ordinary shares | 6.29K | Direct | F1, F2 | |||||||
holding | BBLN | Performance share units | Jan 1, 2023 | Class A ordinary shares | 20K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The restricted share units ("RSUs") were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan (the "2021 Plan") and vest in equal quarterly installments beginning February 10, 2023. Vested RSUs will be settled in shares or cash as soon as administratively practicable after vesting, but in no event more than 60 days after the RSUs' vesting date. |
F2 | Each RSU and PSU represents a contingent right to receive one Class A ordinary share. |
F3 | The performance share units ("PSUs") were awarded under the 2021 Plan and vest in three tranches consisting of 50%, 25% and 25% of the PSUs. Each such tranche of PSUs vests upon the earlier of the date on which the issuer's (i) Class A ordinary shares achieve a specified price per share or (ii) market capitalization in respect of its Class A ordinary shares meets a specified dollar threshold. Vested PSUs will be settled in shares or cash as soon as administratively practicable after vesting, but in no event more than 60 days after the PSUs' vesting date. |