Webb Jonathan 4
4 · AppHarvest, Inc. · Filed Apr 14, 2021
Insider Transaction Report
Form 4
AppHarvest, Inc.APPH
Webb Jonathan
DirectorCEO and Chairman of the Board10% Owner
Transactions
- Award
Common Stock
2021-04-12+2,203,307→ 20,544,806 total
Footnotes (2)
- [F1]Represents a restricted stock unit ("RSU") award. One-third (1/3rd) of the RSUs will vest if, prior to December 31, 2021, the closing price per share of the Issuer's Common Stock equals or exceeds $12.50 per share for ninety (90) consecutive trading days during the performance period of the Issuer's annual bonus program for 2021. One-third (1/3rd) of the RSUs will vest if, prior to December 31, 2022, the closing price per share of the Issuer's Common Stock equals or exceeds $15.50 per share for ninety (90) consecutive trading days during the performance period of the Issuer's annual bonus program for 2022. One-third (1/3rd) of the RSUs will vest if, prior to December 31, 2023, the closing price per share of the Issuer's Common Stock equals or exceeds $17.50 per share for ninety (90) consecutive trading days during the performance period of the Issuer's annual bonus program for 2023. The RSU award is subject to acceleration of vesting in specified circumstances.
- [F2]If, as of a particular December 31, a trading price threshold associated with such deadline has not been met or if the Reporting Person discontinues service with the Issuer as of the applicable vesting event, the related RSUs will be forfeited.