4//SEC Filing
Lurie Alexander J 4
Accession 0001209191-22-018972
CIK 0001739936other
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 7:08 PM ET
Size
11.1 KB
Accession
0001209191-22-018972
Insider Transaction Report
Form 4
Lurie Alexander J
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2022-03-13+238,534→ 1,166,484 total - Award
Common Stock
2022-03-13+361,408→ 1,527,892 total
Holdings
- 39,330(indirect: By Trust)
Common Stock
- 39,330(indirect: By Trust)
Common Stock
- 26,219(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Grant of Restricted Stock Awards ("RSAs") 1/12th of the total number of RSAs will vest on 05/15/2022 and 1/12th of the total number of RSAs will vest quarterly thereafter for the remaining 11 quarters, subject to the Reporting Person's continued employment or service to the Company until fully vested.
- [F2]Certain of these securities are restricted stock units and restricted stock awards. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, subject to the applicable vesting schedule and conditions. Each restricted stock award is subject to the applicable vesting schedule and conditions.
- [F3]Grant of Performance Restricted Stock Award ("PSA"). 361,408 shares are the maximum number of shares of restricted stock subject to the PSA that may become eligible for vesting. The target number of shares eligible for vesting is 180,704, one-half of the maximum number.
- [F4]The number of shares eligible for vesting under the PSA will depend upon (i) the Issuer's total stockholder return ("TSR") as compared to a specified index (the "Index") over a 3-year performance period ending 12/31/2024 (the "Total Performance Period"); (ii) the Issuer's TSR as compared to the Index during the 1st year of the Total Performance Period ending 12/31/2022; and (iii) the Issuer's TSR as compared to the Index during the 2nd year of the Total Performance Period ending 12/31/2023. Vesting in each of the 1st or 2nd years of the Total Performance Period is capped at 1/3 of the target number of shares. Shares may also vest in the event of a liquidity event in accordance with the PSA agreement. In the event the Reporting Person ceases to be a service provider, or if vesting conditions are not met, the unvested shares subject to the PSA will be canceled by the Issuer.
- [F5]The shares are held by the Jason and Jennifer Lurie Family 2018 Irrevocable Trust dated May 31, 2018, of which the Reporting Person's spouse is the trustee.
- [F6]The shares are held by the Eliza and Larry Becker Family 2018 Irrevocable Trust dated May 31, 2018, of which the Reporting Person's spouse is the trustee.
- [F7]The shares are held by the Scott and Caitlin Vogelsong Family 2018 Irrevocable Trust dated May 31, 2018, of which the Reporting Person's spouse is the trustee.
Documents
Issuer
MOMENTIVE GLOBAL INC.
CIK 0001739936
Entity typeother
Related Parties
1- filerCIK 0001421413
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 7:08 PM ET
- Size
- 11.1 KB