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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | $ 0 (3) | 01/01/2021 | M | 12,221 | (4) | (4) | Common Stock | 12,221 | $ 0 | 24,442 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KUFEL ERIC J 2005 EAST INDIAN SCHOOL ROAD PHOENIX, AZ 85016 |
X |
/s/ Brad A. Gazaway, as Attorney-in-Fact for Eric Kufel | 01/05/2021 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | As previously disclosed, 52,687 shares of Common Stock of the Issuer, par value $0.001 ("Common Stock") were indirectly held by Mr. Kufel and directly held by Bubbles Holdings, L.P. Such shares of Common Stock were distributed to Mr. Kufel as soon as reasonably practicable after the date of the Issuer's initial public offering and are now held directly by Mr. Kufel as reported herein. |
(2) | Represents shares of Common Stock sold to satisfy tax liability upon settlement of restricted stock units ("RSUs"). |
(3) | Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock. |
(4) | Represents a grant of RSUs, of which 12,221 vested on January 1, 2021 and of which the remaining 24,442 RSUs will vest in two equal installments on January 1, 2022 and January 1, 2023, subject to Mr. Kufel's continuous employment or service with the Issuer or an affiliate until the applicable vesting date. |