Footnotes
ID | footnote |
f1 |
includes 636.157 shares acquired pursuant to the company's employee stock purchase plan. |
f2 |
in connection with the company's separation of iaa, inc. into an independent publicly-traded company, the exercise price of previously-issued employee stock options held by the reporting person at the time of the separation were adjusted to be equal to the product of (1) the per share exercise price of the employee stock option immediately prior to 12:01 a.m., new york city time on june 28, 2019 multiplied by (2) a fraction, the numerator of which being the per share closing trading price of company common stock, as traded on an ex-distribution basis on the last trading day immediately preceding june 28, 2019 and the denominator of which being the per share closing trading price of company common stock trading on the "regular way" basis on the last trading day immediately prior to the june 28, 2019, rounded up to the nearest whole cent. |
f3 |
all of these options are currently exercisable. |
f4 |
each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. |
f5 |
these restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on february 24, 2018, one-third of these restricted stock units vested on february 24, 2019 and the remaining one-third of these restricted stock units vest on february 24, 2020, assuming continued employment through the applicable vesting date. |
f6 |
these restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on march 2, 2019, one-third of these restricted stock units vest on march 2, 2020 and the remaining one-third of these restricted stock units vest on march 2, 2021, assuming continued employment through the applicable vesting date. |
f7 |
these restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vest on february 22, 2020, one-third of these restricted stock units vest on february 22, 2021 and the remaining one-third of these restricted stock units vest on february 22, 2022, assuming continued employment through the applicable vesting date. |
f8 |
these restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on february 24, 2020, assuming continued employment through the applicable vesting date. |
f9 |
these restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on march 2, 2021, assuming continued employment through the applicable vesting date. |
f10 |
these restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on february 22, 2022, assuming continued employment through the applicable vesting date. |
f11 |
the number of performance restricted stock units that were converted into restricted stock units was determined based on the company's operating adjusted net income per share exceeding certain levels over the one-year period beginning on december 1, 2019 and ending on december 31, 2019. |