MILNE MATTHEW 4/A
4/A · Xperi Inc. · Filed Mar 3, 2023
Insider Transaction Report
Form 4/AAmended
Xperi Inc.XPER
Milne Matthew W
Chief Revenue Officer
Transactions
- Award
Common Stock
2022-10-01+56,548→ 89,680 total
Footnotes (3)
- [F1]Represents unvested restricted stock units ("RSUs") granted by Xperi Holding Corporation that have been converted into unvested RSUs of the Issuer in connection with the spin-off of the Issuer from Xperi Holding Corporation (the "Spin-off"). These RSUs are subject to the same terms and conditions applicable to such Xperi Holding Corporation awards. The RSUs shall vest as follows: 10,504 shares shall vest in two equal installments on July 28, 2023 and July 28, 2024; 10,678 shares shall vest in three equal installments on March 1, 2023 and annually thereafter until fully vested; 14,236 shares shall vest in three equal installments on March 1, 2023 and annually thereafter until fully vested; 3,087 shares shall vest in full on July 1, 2023; 18,043 shares shall vest in four equal installments on March 1, 2023 and annually thereafter until fully vested.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Xperi Inc. common stock.
- [F3]Includes shares of Issuer's common stock received in the Spin-off with respect to shares of Xperi Holding Corporation common stock held prior to the Spin-off. The number of shares beneficially owned has been adjusted to account for a calculation error and were overreported.