(1)In accordance with the rules of the SEC, the values represent the product of the number of shares that have not vested and $17.50, which was the closing market price of our common stock on December 31, 2021. The reported amount does not necessarily reflect the value that may be realized by the individual because the awards vest over a specified period of time from the date of grant contingent upon continued employment and, in the case of PSUs, the issuer’s total stockholder return or the issuer achieving certain share price targets over the performance period, and the actual amount received upon sale of shares will depend upon the fair market value of the shares at the times they are sold.
(2)These stock options vest with respect to 25% of the underlying shares on April 1, 2022 and with respect to the remaining 75% of the underlying shares in equal monthly installments over the following 36 months.
(3)These stock options vest (or vested) with respect to 25% of the underlying shares on April 1, 2021 and with respect to the remaining 75% of the underlying shares in equal monthly installments over the following 36 months.
(4)These stock options vest (or vested) with respect to 25% of the underlying shares on February 1, 2020 and with respect to the remaining 75% of the underlying shares in equal monthly installments over the following 36 months.
(5)These stock options vest (or vested) with respect to 25% of the underlying shares on February 1, 2019 and with respect to the remaining 75% of the underlying shares in equal monthly installments over the following 36 months.
(6)These RSUs vest in three equal installments on each of August 15, 2023, August 15, 2024, and August 15, 2025.
(7)These RSUs vest as follows: 11,305 shares on May 15, 2022, 2,609 shares on each August 15, November 15, February 15, and May 15 thereafter until February 15, 2025 and 1,738 shares on May 15, 2025.
(8)These RSUs vest as follows: 11,000 shares on February 15, 2022 and each May 15, August 15, November 15, and February 15 thereafter until February 15, 2024 and 7,328 shares on May 15, 2024.
(9)These RSUs vest as follows: 43,750 shares on each of May 15, 2022 and November 15, 2022 and 21,875 shares on May 15, 2023.
(10)These RSUs vest on May 15, 2022.
(11) The award consists of three equal tranches, which vest if the Company achieves share price targets of $60.00, $80.00, and $100.00, respectively, over 60 consecutive trading days during a performance period commencing on August 26, 2022 and ending on August 26, 2026. To the extent any of the performance-based requirements are met, the Company’s CEO must also provide continued service to the Company through at least August 26, 2024 to receive any shares of common stock underlying the grant and through August 26, 2026 to receive all of the shares of common stock underlying the performance units that have satisfied the applicable performance-based requirement.In accordance with SEC rules, the number of shares reflected in the table above assumes target achievement.
(12)The vesting of these PSUs will be determined based on the issuer’s total stockholder return (“TSR”) for the three-year period beginning on the grant date of the award relative to the TSRs of the companies in the Russell 2000 index over that period. The award is eligible to vest as to 0% to 150% of the target number of performance-based restricted stock units. In accordance with SEC rules, the number of shares reflected in the table above assumes the greater of the threshold (minimum) achievement or achievement based on performance through December 31, 2021.
(13)These RSUs vest as follows: 8,602 shares on May 15, 2022 and 1,985 shares on each August 15, November 15, February 15, and May 15 thereafter until February 15, 2025 and 1,323 shares on May 15, 2025.
(14) These RSUs vest as follows: 9,625 shares on each February 15, May 15, August 15, and November 15 hereafter until February 15, 2024 and 6,412 shares on May 15, 2024.
(15) These RSUs vest with respect to the underlying shares 23,500 shares on each of May 15, 2022 and November 15, 2022 and 11,750 shares on May 15, 2023.
(16) These stock options vest with respect to 25% of the underlying shares on May 15, 2022 and with respect to the remaining 75% of the underlying shares in equal monthly installments over the following 36 months.
(17) These RSUs vest as follows: 14,711 shares on May 15, 2022 and 3,678 shares on each August 15, November 15, February 15, and May 15 thereafter until February 15, 2025 and 3,674 shares on May 15, 2025.
(18) These RSUs vest in two equal installments on each of June 1, 2022 and June 1, 2023.
(19) These stock options vest (or vested) with respect to 25% of the underlying shares on February 14, 2020 and with respect to the remaining 75% of the underlying shares in equal monthly installments over the following 36 months.
(20) These stock options vest (or vested) with respect to 25% of the underlying shares on February 14, 2019 and with respect to the remaining 75% of the underlying shares in equal monthly installments over the following 36 months.
(21) These RSUs vest as follows: 6,451 shares on May 15, 2022 and 1,489 shares on each August 15, November 15, February 15, and May 15 thereafter until February 15, 2025 and 990 shares on May 15, 2025.
(22) These RSUs vest as follows: 5,775 shares on each February 15, May 15, August 15, and November 15 hereafter until February 15, 2024 and 3,847 shares on May 15, 2024.