1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Unit (RSU)
(1)
|
Â
(2)
|
05/19/2020 |
Class B Common Stock
(3)
|
66,670
|
$
0
|
D
|
Â
|
Restricted Stock Unit (RSU)
(1)
|
Â
(4)
|
03/24/2021 |
Class B Common Stock
(3)
|
110,968
|
$
0
|
D
|
Â
|
Restricted Stock Unit (RSU)
(1)
|
Â
(5)
|
05/02/2022 |
Class B Common Stock
(3)
|
122,898
|
$
0
|
D
|
Â
|
Restricted Stock Unit (RSU)
(6)
|
Â
(5)
|
05/05/2023 |
Class A Common Stock
|
103,100
|
$
0
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement. |
(2) |
The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which conditions must be satisfied in order for the RSUs to vest. The liquidity event-based condition was satisfied on November 17, 2012. The service-based condition was satisfied as to 1/4th of the total number of shares on February 15, 2011 and then an additional 1/48th of the total number of shares vest monthly thereafter, subject to continued service through each vesting date. |
(3) |
The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis either (a) at the holder's option or (b) upon certain transfers of such shares, and has no expiration date. |
(4) |
The RSUs vested as to 1/5th of the total shares on January 15, 2012 and then an additional 1/20th of the total shares vest quarterly thereafter, subject to continued service through each vesting date. |
(5) |
The RSUs vest as to 1/16th of the total shares on February 15, 2014 and then an additional 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date. |
(6) |
Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement. |