Borghese Fernando 4
4 · Digital Media Solutions, Inc. · Filed Oct 30, 2020
Insider Transaction Report
Form 4
Borghese Fernando
DirectorChief Operating Officer
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2020-10-28+51,020→ 51,020 totalExercise: $7.31Exp: 2030-10-28→ Class A common stock (51,020 underlying) - Award
Class A common stock
2020-10-28+105,000→ 105,000 total
Footnotes (2)
- [F1]Reflects restricted share units ("RSUs") granted pursuant to the terms of the Issuer's 2020 Omnibus Incentive Plan that will vest as follows: 33.3% of the RSUs shall vest on July 16, 2021; 33.3% of the RSUs shall vest on July 16, 2022; and 33.4% of the RSUs shall vest on July 16, 2023, provided that the Reporting Person remains in continuous employment with the Issuer through the applicable Vesting Date.
- [F2]Reflects non-qualified stock option (the "Option"), with an exercise price of $7.31, which was the fair market value on the date of grant. The Option was granted pursuant to the terms of the 2020 Omnibus Incentive Plan and will vest as follows: 33.3% of the shares subject to the Option shall vest on July 16, 2021; 33.3% of the share subject to the Option shall vest on July 16, 2022; and 33.4% of the shares subject to the Option shall vest on July 16, 2023, provided that the Reporting Person remains in continuous employment with the Issuer through the applicable Vesting Date.