Cowell Janet Raye 4
4 · CHANNELADVISOR CORP · Filed Mar 1, 2021
Insider Transaction Report
Form 4
Cowell Janet Raye
Director
Transactions
- Award
Common Stock
2021-03-01+6,640→ 80,829 total - Sale
Common Stock
2021-03-01$23.54/sh−20,000$470,800→ 60,829 total
Footnotes (3)
- [F1]The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- [F2]This grant was made pursuant to the issuer's non-employee director compensation policy. The shares underlying this restricted stock unit award will vest in full on March 1, 2022, subject to the reporting person's continued service with the issuer as of that date.
- [F3]The common stock was sold by the reporting person in a series of open market transactions on the transaction date with a volume weighted average sale price of $23.54. The range of sales prices for the transactions reported was $23.04 to $23.90 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.