Form 4 for TDAY USA TODAY Co., Inc.
Accepted 2023-01-04 00:00:00 ET · period of report 2022-12-31 · accession 0001062993-23-000302 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-04 | 2022-12-31 | TDAY | Reed Michael | CEO, Dir | M - OptEx | $0.00 | +1.00M | 2.84M | +54% | $0 |
| D | 2023-01-04 | 2022-12-31 | TDAY | Reed Michael | CEO, Dir | F - Tax | $2.03 | -436.6K | 2.40M | -15% | -$886.3K |
| D | 2023-01-04 | 2022-12-31 | TDAY | Reed Michael | CEO, Dir | M - OptEx | $0.00 | -1.00M | 1.00M | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-31 | M | A | 1,000,000 | $0.00 | 2,836,335 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of the underlying common stock. |
| 2 | Common | Common Stock | 2022-12-31 | F | D | 436,609 | $2.03 | 2,399,726 | D | — | — | (F2) Shares withheld to cover tax withholding obligations on the vesting of restricted stock units. |
| 3 | Derivative | Restricted Stock Units | 2022-12-31 | M | D | 1,000,000 | $0.00 | 1,000,000 | D | $0.00 · — to 2023-12-31 | 1,000,000 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of the underlying common stock. (F3) Subject to the terms of the applicable award agreement, 1,000,000 shares of common stock underlying the performance-based restricted stock units vested on December 31, 2022, and the remainder up to an aggregate of 2,000,000 shares will vest on December 31, 2023, upon the achievement of specified stock price goals (ranging from $4.00 per share to $10.00 per share, based on a 20 consecutive trading day average). |