XML 32 R21.htm IDEA: XBRL DOCUMENT v3.23.2
Insider Trading Arrangements
3 Months Ended
Jun. 30, 2023
Heather Hasson [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On May 9, 2023, Heather Hasson, our Executive Chair, entered into a sell-to-cover instruction letter (the “Instruction Letter”) that provides for sales of only such number of shares of Class A common stock as are necessary to satisfy the applicable tax withholding obligations arising exclusively from the vesting or settlement of RSUs granted to Ms. Hasson under the Company’s Amended 2016 Equity Incentive Plan and/or the Company’s 2021 Incentive Award Plan, or any successor plan (each sale, an “eligible sell-to-cover transaction” within the meaning of Rule 10b5-1(c) of the Exchange Act). The Instruction Letter is a “Rule 10b5-1 trading arrangement” as defined in Item 408(a) of Regulation S-K and is intended to satisfy the affirmative defense of Rule 10b5-1(c).
The Instruction Letter will remain in effect so long as taxes are required to be paid upon the vesting or settlement of RSUs awarded or to be awarded, unless the Instruction Letter is earlier terminated. The total number of shares of Class A common stock that may be sold pursuant to the Instruction Letter is not determinable.
Name Heather Hasson
Title Executive Chair
Adoption Date On May 9, 2023
Other Director Or Officer [Member]  
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false