Johnston Kevin 4
4 · AgileThought, Inc. · Filed May 11, 2022
Insider Transaction Report
Form 4
Johnston Kevin
Chief Revenue Officer
Transactions
- Award
Restricted Stock Units
2022-05-09+150,000→ 350,000 total→ Class A Common Stock (150,000 underlying) - Award
Restricted Stock Units
2022-05-09+150,000→ 350,000 total→ Class A Common Stock (150,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of AgileThought, Inc. Class A Common Stock. One-eighth of the RSUs vest on June 1, 2022, one-eighth of the RSUs vest on December 1, 2022, one-fourth of the RSUs vest on June 1, 2023, one-fourth of the RSUs vest on June 1, 2024 and one-fourth of the RSUs vest on June 1, 2025.
- [F2]Twenty percent vest upon AgileThought, Inc.'s Class A Common Stock achieving a market price of $8 per share, thirty percent vest upon achieving a market price of $10 per share, and fifty percent vest upon achieving a market price of $12 per share. An additional twenty-five percent vest upon achieving a market price of $15 per share and an additional twenty-five percent vest upon achieving a market price of $20 per share. The applicable stock price level will be considered achieved only when the average dollar volume-weighted average price of a share of Class A Common Stock equals or exceeds the applicable threshold during a sixty-day trading day period commencing on or following the date of grant of the RSUs.
- [F3]Vesting of the RSUs is subject to continued employment.
- [F4]The performance period for the RSUs expires on December 31, 2027. Vesting of the RSUs is subject to continued employment.