Form 4 for P Everpure, Inc.
Accepted 2023-06-14 00:00:00 ET · period of report 2023-06-10 · accession 0001209191-23-037216 · 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 | 2023-06-14 | 2023-06-13 | P | Singh Ajay | Chief Product Off | S - Sale | $36.42 | -37.1K | 414.4K | -8% | -$1.35M |
| D | 2023-06-14 | 2023-06-10 | P | Singh Ajay | Chief Product Off | A - Grant | $0.00 | +284.7K | 284.7K | 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 | 2023-06-13 | S | D | 37,084 | $36.42 | 414,393 | D | — | — | (F1) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.30 to $36.56 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 2 | Derivative | Stock-Related Performance Restricted Stock Unit | 2023-06-10 | A | A | 284,734 | $0.00 | 284,734 | D | $0.00 · — to — | 284,734 Class A Common Stock | (F2) The shares of Class A Common Stock are to be acquired upon the vesting of a Long-Term Performance Incentive Restricted Stock Unit ("LTP") award under the Issuer's 2015 Equity Incentive Plan and related award agreement. The number of shares vested under the LTP Award will be contingent upon the Issuer's market capitalization, as a function of the Issuer's stock price and shares outstanding (the "Market Cap Contingency"), meeting or exceeding $21 billion, measured as of the end of the Issuer's fiscal years ending in 2026, 2027 or 2028, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through March 20, 2028. (F3) If the Market Cap Contingency is not met by the end of the Issuer's fiscal year ending in 2028, the LTP award will immediately be forfeited. |