Shelton Brian 4
4 · RealPage, Inc. · Filed Nov 12, 2020
Insider Transaction Report
Form 4
Shelton Brian
SVP, Chief Accounting Officer
Transactions
- Award
Common Stock
2020-11-10+3,416→ 50,538 total
Footnotes (1)
- [F1]Restricted Stock with Market Based Vesting Awarded to Reporting Person on 11/10/2020: Prior to July 1, 2023, one-fourth (1/4) of the restricted shares shall become eligible to vest, if for 20 consecutive trading days Issuer's average closing price per share of common stock equals or exceeds the threshold price of $73.19, the target price of $81.97, the exceed price of $93.68 and the maximum price of $105.39, respectively (collectively, the "Eligible Shares"). Eligible Shares shall vest in equal quarterly installments over the following year. All Eligible Shares shall be fully vested on July 1, 2023, or upon a Change in Control, or due to Death or Disability. Also, the remaining tranches of unvested shares shall be deemed to be Eligible Shares and shall fully vest immediately prior to a Change in Control that results in the per share value of Issuer's common stock equal to or in excess of values of each respective tranche.