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Insider Trading Arrangements | 3 Months Ended
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Dec. 31, 2023 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Rule 10b5-1 Plan Trading Arrangements During the three months ended December 31, 2023, each of the following officers adopted a “Rule 10b5-1 trading arrangement” (as defined in Item 408 of Regulation S-K) that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act and our policies on insider trading:
Name & Title |  | Date Adopted |  | Aggregate Number/Dollar Value of Shares of Class A Common Stock to be Purchased or Sold Pursuant to Trading Arrangement |  | Expiration Date(1)
Andrea Eldridge, Chief People Officer |  | November 15, 2023 |  | 37,716 shares to be sold |  | November 29, 2024
Matthew Quinn, Chief Technology Officer |  | December 5, 2023 |  | $45,000 in shares to be sold |  | December 31, 2024
Dafna Sarnoff, Chief Marketing Officer |  | December 15, 2023 |  | 73,817 shares to be sold(2) |  | March 31, 2025
Samuel Zales, President and Chief Operating Officer |  | November 22, 2023 |  | 421,220 shares to be sold(2)(3) |  | January 31, 2025
Javier Zamora, General Counsel and Corporate Secretary |  | November 10, 2023 |  | 25,778 shares to be sold(2) |  | March 1, 2024
______________________ (1) The Rule 10b5-1 trading arrangement permits transactions through and including the earlier to occur of (a) the completion of all sales or (b) the date listed in the table. The arrangement also provides for automatic expiration in the event of liquidation, dissolution, bankruptcy, insolvency, or death of the adopting person. (2) The Rule 10b5-1 trading arrangement includes the sale of shares to be received upon future vesting of certain outstanding equity awards, net of any shares withheld by us to satisfy applicable taxes. The number of shares to be withheld, and thus the exact number of shares to be sold pursuant to such officer’s Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of the future vesting events. For purposes of this disclosure, we have reported the gross number of shares to be received upon the future vesting of such equity awards, before subtracting any shares to be withheld by us to satisfy applicable taxes in connection with such future vesting events. (3) The Rule 10b5-1 trading arrangement is intended to permit Mr. Zales to exercise and sell expiring stock options, subject to certain price limits. Other than those disclosed above, none of our directors or officers adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” in each case as defined in Item 408 of Regulation S-K.
Andrea Eldrige |
Trading Arrangements, by Individual |
Name | Andrea Eldridge
Title | Chief People Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | November 15, 2023
Arrangement Duration | 381 days
Aggregate Available | 37,716
Trd Arr Expiration Date | November 29, 2024
Matthew Quinn |
Trading Arrangements, by Individual |
Name | Matthew Quinn
Title | Chief Technology Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | December 5, 2023
Arrangement Duration | 393 days
Aggregate Available | 45,000
Trd Arr Expiration Date | December 31, 2024
Dafna Sarnoff |
Trading Arrangements, by Individual |
Name | Dafna Sarnoff
Title | Chief Marketing Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | December 15, 2023
Arrangement Duration | 473 days
Aggregate Available | 73,817
Trd Arr Expiration Date | March 31, 2025
Samuel Zales |
Trading Arrangements, by Individual |
Name | Samuel Zales
Title | President and Chief Operating Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | November 22, 2023
Arrangement Duration | 437 days
Aggregate Available | 421,220
Trd Arr Expiration Date | January 31, 2025
Javier Zamora |
Trading Arrangements, by Individual |
Name | Javier Zamora
Title | General Counsel and Corporate Secretary
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | November 10, 2023
Arrangement Duration | 113 days
Aggregate Available | 25,778
Trd Arr Expiration Date | March 1, 2024
Other Directors and Officers |
Trading Arrangements, by Individual |
Rule 10b5-1 Arrangement Adopted | false
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Rule 10b 51 Arr Modified Flag | false
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