Form 4 for DAVE Dave Inc./DE
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001209191-23-012436 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-23 | 2023-02-21 | DAVE | Wilk Jason | CEO, Dir | A - Grant | $0.00 | +112.5K | 112.5K | New | $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 | Class A Common Stock | 2023-02-21 | A | A | 50,000 | $0.00 | 50,000 | D | — | — | (F1) Represents shares of Class A Common Stock underlying a restricted stock unit award ("RSU") granted under the Issuer's 2021 Equity Incentive Plan (the "Plan"). The RSU will vest as to 1/16 of the total number of shares on March 1, 2023 and an additional 1/16 of the total number of shares on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through each vesting date. |
| 2 | Common | Class A Common Stock | 2023-02-21 | A | A | 62,500 | $0.00 | 112,500 | D | — | — | (F2) Represents shares of Class A Common Stock underlying a performance-based restricted stock unit award ("PRSU") granted under the Plan. Vesting of the PRSU will occur only on four vesting dates per year, as follows: March 1, June 1, September 1 and December 1 (each, a "Vesting Date"). The PRSU will vest upon the later of (i) March 1, 2025, or (ii) the Vesting Date immediately following the achievement of certain performance metrics based on the Issuer's average closing price for 30 consecutive trading days, subject to the Reporting Person's continued service through each vesting date. |