1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Options (right to buy)
(3)
|
01/05/2023(4)
|
01/05/2032 |
Common Stock
|
7,662
|
$
55.71
|
D
|
|
Employee Stock Options (right to buy)
(3)
|
05/27/2023(5)
|
05/27/2032 |
Common Stock
|
18,150
|
$
29.33
|
D
|
|
Performance Stock Units
(6)
|
05/27/2025 |
(7)
|
Common Stock
|
11,253
(8)
|
$
0
|
D
|
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan. |
(2) |
Amount consists of two RSU grants: (1) On 1/5/22 22,438 RSUs were granted, which RSUs vest over three years, with one-third vesting on the first anniversary of the grant date, and the balance vesting proportionately each month over the remaining two years; and (2) On 5/27/22 26,257 RSUs were granted, which RSUs vest over four years, with one-fourth vesting on the first anniversary of the grant date, and the balance vesting proportionately each quarter over the remaining three years. |
(3) |
Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan. |
(4) |
Options vest over three years. One-third of the Options vest on the first anniversary of the grant date (i.e., the date indicated), and the balance vests proportionately each month over the remaining two years. |
(5) |
Options vest over four years. One-fourth of the Options vest on the first anniversary of the grant date (i.e., the date indicated), and the balance vests proportionately each quarter over the remaining three years. |
(6) |
Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan. |
(7) |
Not applicable |
(8) |
This is a target only. The value of the PSUs is tied to satisfaction of certain performance criteria determined after the close of FY2025. Reporting Person may acquire shares of Issuer's common stock to the extent that the performance criteria are satisfied. The actual number of shares ultimately deliverable ranges from 0 to 22,506 (subject to any subsequent stock splits and the like). |