Henderson Richard 4
4 · FiscalNote Holdings, Inc. · Filed Feb 9, 2023
Insider Transaction Report
Form 4
Henderson Richard
Chief Revenue Officer
Transactions
- Award
Class A Common Stock
2023-01-19+107,500→ 107,500 total - Award
Performance Stock Options (right to buy)
2023-01-19+25,000→ 25,000 totalExercise: $5.21Exp: 2033-01-18→ Class A Common Stock (25,000 underlying) - Award
Stock Options (Right to Buy)
2023-01-19+37,500→ 37,500 totalExercise: $5.21Exp: 2033-01-18→ Class A Common Stock (37,500 underlying) - Award
Performance-Based Restricted Stock Units
2023-01-19+75,000→ 75,000 totalExercise: $0.00Exp: 2028-12-31→ Class A Common Stock (75,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. Pursuant to the terms of Mr. Henderson's offer letter, one-third (1/3rd) of the RSUs will vest on January 3, 2024. An additional one-twelfth (1/12th) of the aggregate number of RSUs will vest on the corresponding day of each quarter thereafter (or if there is no such corresponding day, on the last day of such month).
- [F2]Twenty-five percent (25%) of the shares subject to the option will vest on January 3, 2024. An additional 6.25% of the aggregate number of shares subject to the option will vest on the corresponding day of each quarter thereafter (or if there is no such corresponding day, on the last day of such month).
- [F3]Twenty-five percent (25%) of the shares subject to the option will become vesting-eligible on January 3, 2024, with the remaining shares becoming vesting-eligible in equal quarterly increments over the three years following January 3, 2024. Shares subject to the option that are vesting-eligible vest upon the Class A common stock achieving specified prices per share.
- [F4]Each performance based restricted stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock. One third of the PSUs will become vesting-eligible on January 3, 2024, with the remaining PSUs becoming vesting-eligible in equal quarterly increments over the two years following January 19, 2024. PSUs that are vesting-eligible vest upon the Class A common stock achieving specified prices per share.