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Insider Trading Arrangements
 3 Months Ended 9 Months Ended
Oct. 01, 2023
shares
Oct. 01, 2023
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  

During the three months ended October 1, 2023, our Board of Directors and officers (as defined in Rule 16a-1(f)) under the Exchange Act adopted or terminated the contracts, instructions or written plans for the purchase or sale of the Company’s securities set forth in the table below.

 

 

 

 

Type of Trading Arrangement

 

 

 

 

Name and Position

Action

Adoption/Termination Date

Rule 10b5-1*

Non-Rule 10b5-1**

Total Shares of Common Stock to be Sold***

 

Total Shares of Common Stock to be Purchased

Expiration Date

Sarah Butterfass, Director

Adopted

8/29/2023

Yes

 

 40% of net shares resulting from the vesting of 14,064 (gross) RSUs

 

 N/A

6/28/2024

Andrew Kim, Chief Legal Officer

Adopted

7/28/2023

Yes

 

 

50,220

 

 N/A

7/31/2024

Vikram Mehta,
Senior Vice President, SMB Products and Services

Modified

8/7/2023

Yes

 

 Net shares resulting from the vesting of 26,562 (gross) RSUs and PSUs

 

 N/A

8/30/2024

Martin Westhead, Chief Technology Officer, Software

Adopted

7/28/2023

Yes

 

3,066 shares plus net shares resulting from the vesting of 33,226 (gross) RSUs, PSUs and ESPP purchase

 

 N/A

8/30/2024

Michael Werdann, Chief Revenue Officer

Adopted

9/8/2023

Yes

 

 Net shares resulting from the vesting of 25,000 (gross) RSUs and PSUs

 

 N/A

9/30/2024

 

 

 

 

 

 

 

 

 

* Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.

** “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act

*** Net shares issued with shares withheld to administratively facilitate the withholding and subsequent remittance of personal income and payroll taxes for the vesting of RSUs and PSUs.
Rule 10b5-1 Arrangement Adopted true  
Non-Rule 10b5-1 Arrangement Terminated false  
Sarah Butterfass Director [Member]    
Trading Arrangements, by Individual    
Name Sarah Butterfass  
Title Director  
Rule 10b5-1 Arrangement Adopted true  
Non-Rule 10b5-1 Arrangement Adopted false  
Adoption Date 8/29/2023  
Termination Date 6/28/2024  
Aggregate Available 14,064 14,064
Andrew Kim Chief Legal Officer[Member]    
Trading Arrangements, by Individual    
Name Andrew Kim  
Title Chief Legal Officer  
Rule 10b5-1 Arrangement Adopted true  
Non-Rule 10b5-1 Arrangement Adopted false  
Adoption Date 7/28/2023  
Termination Date 7/31/2024  
Aggregate Available 50,220 50,220
Vikram Mehta Senior Vice President, SMB Products and Services [Member]    
Trading Arrangements, by Individual    
Name Vikram Mehta  
Title Senior Vice President, SMB Products and Services  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 8/7/2023  
Rule 10b5-1 Arrangement Terminated true  
Non-Rule 10b5-1 Arrangement Terminated false  
Termination Date 8/30/2024  
Aggregate Available 26,562 26,562
Martin Westhead Chief Technology Officer Software [Member]    
Trading Arrangements, by Individual    
Name Martin Westhead  
Title Chief Technology Officer, Software  
Rule 10b5-1 Arrangement Adopted true  
Non-Rule 10b5-1 Arrangement Adopted false  
Adoption Date 7/28/2023  
Termination Date 8/30/2024  
Aggregate Available 33,226 33,226
Available shares 3,066 3,066
Michael Werdann Chief Revenue Officer [Member]    
Trading Arrangements, by Individual    
Name Michael Werdann  
Title Chief Revenue Officer  
Rule 10b5-1 Arrangement Adopted true  
Non-Rule 10b5-1 Arrangement Adopted false  
Adoption Date 9/8/2023  
Termination Date 9/30/2024  
Aggregate Available 25,000 25,000