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Insider Trading Arrangements | 3 Months Ended
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Jun. 30, 2024 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | The table below describes the contracts, instructions or written plans for the purchase or sale of securities adopted by our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) during the three months ended June 30, 2024, that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
​ | ​ | ​ | ​ | ​ | ​
Name and Title | ​ | Adoption Date | ​ | Expiration Date | Aggregate Number of Securities to be Sold
Jeffrey Kunins, Chief Product Officer and Chief Technology Officer (1) | ​ | May 15, 2024 | ​ | December 30, 2024 | 21,808
Brittany Bagley, Chief Operating Officer and Chief Financial Officer | ​ | May 16, 2024 | ​ | December 31, 2024 | 2,017
Michael Garnreiter, Director | ​ | May 17, 2024 | ​ | May 17, 2025 | 5,000
Jeri Williams, Director | ​ | May 23, 2024 | ​ | December 31, 2024 | 330
Patrick W. Smith, Chief Executive Officer and Director (2) | ​ | May 24, 2024 | ​ | December 31, 2025 | 789,071
Julie A. Cullivan, Director | ​ | June 6, 2024 | ​ | May 30, 2025 | 1,557
​ ​ ​ ​ ​
| (1) | On May 15, 2024, Jeffrey Kunins, our Chief Product Officer and Chief Technology Officer, adopted a “Rule 10b5-1 trading arrangement” (as defined in Item 408(a) of Regulation S-K) intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act pursuant to which he may sell, on or prior to December 30, 2024, up to 21,808 shares of our common stock, excluding the potential effect of shares withheld for taxes.
| (2) | On May 24, 2024, Patrick Smith, our Chief Executive Officer, adopted a “Rule 10b5-1 trading arrangement” (as defined in Item 408(a) of Regulation S-K) intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act pursuant to which he may sell, on or prior to December 31, 2025, (i) a number of shares of our common stock, the amount of which is not yet determinable, sufficient to cover the exercise costs and taxes associated with an exercise of up to 515,931 options and (ii) up to an additional 273,140 shares of our common stock resulting from previously exercised options.
​ In addition, certain of our officers or directors have made, and may from time to time make, elections to have shares withheld or sold to cover withholding taxes or pay the exercise price of options, which may be designed to satisfy the affirmative defense conditions of Rule 10b5-1 under the Exchange Act or may constitute non-Rule 10b5-1 trading arrangements (as defined in Item 408(c) of Regulation S-K). During the three months ended June 30, 2024, certain of our officers made elections to have shares sold to cover withholding taxes due upon the vesting of RSUs consistent with the Company’s historical practice. Based on the Company’s transition to quarterly vesting schedules for RSU awards and a change to withhold shares to cover withholding taxes for all officers (as defined in Rule 16a-1(f) under the Exchange Act), such arrangements were cancelled prior to any transactions occurring. ​ No other Rule 10b5-1 trading arrangements or “non-Rule 10b5-1 trading arrangements” (as defined by S-K Item 408(c)) were entered into, modified, or terminated by our directors or officers during such period.
Jeffrey Kunins |
Trading Arrangements, by Individual |
Name | Jeffrey Kunins
Title | Chief Product Officer and Chief Technology Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 15, 2024
Expiration Date | Dec. 30, 2024
Aggregate Available | 21,808
Brittany Bagley |
Trading Arrangements, by Individual |
Name | Brittany Bagley
Title | Chief Operating Officer and Chief Financial Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 16, 2024
Expiration Date | Dec. 31, 2024
Aggregate Available | 2,017
Michael Garnreiter |
Trading Arrangements, by Individual |
Name | Michael Garnreiter
Title | Director
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 17, 2024
Expiration Date | May 17, 2025
Aggregate Available | 5,000
Jeri Williams |
Trading Arrangements, by Individual |
Name | Jeri Williams
Title | Director
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 23, 2024
Expiration Date | Dec. 31, 2024
Aggregate Available | 330
Patrick W. Smith |
Trading Arrangements, by Individual |
Name | Patrick W. Smith
Title | Chief Executive Officer and Director
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 24, 2024
Expiration Date | Dec. 31, 2025
Aggregate Available | 789,071
Julie A. Cullivan |
Trading Arrangements, by Individual |
Name | Julie A. Cullivan
Title | Director
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | Jun. 06, 2024
Expiration Date | May 30, 2025
Aggregate Available | 1,557
Exercise of Stock Options Arrangement | Patrick W. Smith |
Trading Arrangements, by Individual |
Aggregate Available | 515,931
Trading Arrangement Previous Exercise of Stock Options [Member] | Patrick W. Smith |
Trading Arrangements, by Individual |
Aggregate Available | 273,140

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