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Insider Trading Arrangements
3 Months Ended 6 Months Ended
Jun. 30, 2023
shares
Jun. 30, 2023
shares
Trading Arrangements, by Individual    
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Kathryn Haun [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
The Company’s directors and Section 16 officers (as defined in Rule 16a-1(f) under the Exchange Act) are only permitted to trade in the Company’s securities pursuant to a prearranged trading plan intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act (a “Rule 10b5-1 Plan”). During the three months ended June 30, 2023, one of the Company’s directors and one of the Company’s Section 16 officers adopted new Rule 10b5-1 Plans. The Plans (as defined below) were entered into during an open trading window in accordance with the Company’s Insider Trading Policy and Trading Plan Policy.
On June 3, 2023, Kathryn Haun, a member of the Company’s board of directors, and Lawrence Brock, the Company’s Chief People Officer, each entered into a Rule 10b5-1 Plan for the sale of shares of the Company’s Class A common stock owned by Ms. Haun and Gherardesca LLC, of which Ms. Haun is an investment manager (the “Haun Plan”), and by Mr. Brock (the “Brock Plan” and together, the “Plans”).
The Brock Plan provides for the potential sale of up to 546,189 shares of the Class A common stock, including upon the vesting and settlement of restricted stock units for shares of the Class A common stock, at the market price of the Class A common stock, and the exercise of vested stock options for shares of the Class A common stock, so long as the market price of the Class A common stock is higher than certain minimum threshold prices specified in the Brock Plan, between an estimated start date of September 1, 2023 and November 29, 2024.
The Haun Plan provides for the potential sale of up to 51,005 shares of the Class A common stock, so long as the market price of the Class A common stock is higher than certain minimum threshold prices specified in the Haun Plan, between an estimated start date of September 1, 2023 and August 28, 2024.
Name Kathryn Haun  
Title member of the Company’s board of directors  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date June 3, 2023  
Arrangement Duration 362 days  
Aggregate Available 51,005 51,005
Lawrence J. Brock [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
The Company’s directors and Section 16 officers (as defined in Rule 16a-1(f) under the Exchange Act) are only permitted to trade in the Company’s securities pursuant to a prearranged trading plan intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act (a “Rule 10b5-1 Plan”). During the three months ended June 30, 2023, one of the Company’s directors and one of the Company’s Section 16 officers adopted new Rule 10b5-1 Plans. The Plans (as defined below) were entered into during an open trading window in accordance with the Company’s Insider Trading Policy and Trading Plan Policy.
On June 3, 2023, Kathryn Haun, a member of the Company’s board of directors, and Lawrence Brock, the Company’s Chief People Officer, each entered into a Rule 10b5-1 Plan for the sale of shares of the Company’s Class A common stock owned by Ms. Haun and Gherardesca LLC, of which Ms. Haun is an investment manager (the “Haun Plan”), and by Mr. Brock (the “Brock Plan” and together, the “Plans”).
The Brock Plan provides for the potential sale of up to 546,189 shares of the Class A common stock, including upon the vesting and settlement of restricted stock units for shares of the Class A common stock, at the market price of the Class A common stock, and the exercise of vested stock options for shares of the Class A common stock, so long as the market price of the Class A common stock is higher than certain minimum threshold prices specified in the Brock Plan, between an estimated start date of September 1, 2023 and November 29, 2024.
The Haun Plan provides for the potential sale of up to 51,005 shares of the Class A common stock, so long as the market price of the Class A common stock is higher than certain minimum threshold prices specified in the Haun Plan, between an estimated start date of September 1, 2023 and August 28, 2024.
Name Lawrence Brock  
Title Chief People Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date June 3, 2023  
Arrangement Duration 455 days  
Aggregate Available 546,189 546,189