Dyer Jeffry R 4
4 · BigBear.ai Holdings, Inc. · Filed Apr 6, 2022
Insider Transaction Report
Form 4
Dyer Jeffry R
President of Commercial
Transactions
- Award
Restricted Stock Units
2022-04-05+71,429→ 71,429 totalExercise: $0.00→ Common Stock (71,429 underlying) - Award
Performance Stock Units
2022-04-05+150,000→ 150,000 totalExercise: $0.00→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on April 5, 2022. 50,000 of the RSUs vest in four equal annual installments on each of December 7, 2022, December 7, 2023, December 7, 2024 and December 7, 2025, and shall be settled within sixty days of the vesting date. The remaining 21,429 RSUs vest as follows: 25% will vest on March 30, 2023 and the remaining 6.25% will vest on each quarterly anniversary thereafter, such that the entire award will be vested on March 30, 2026, and shall be settled within sixty days of the vesting date.
- [F2]Each performance stock unit ("PSU") represents a contingent right to receive one share the issuer's Common Stock. The PSUs vest upon the achievement of specified performance metrics for each calendar year from January 1, 2022 to December 31, 2025.