$ Value
$0
Shares
478,568
Price
$0
Filed
May 6
Insider
Name
Pilette Vincent
Title
CEO & President
CIK
0001509285
Roles
Transaction Details
Transaction Date
2025-05-02
Code
M
Table
Derivative
Ownership
Direct
Equity Swap
No
Shares After
—
Footnotes
Represents shares withheld by the issuer to satisfy the reporting person's income tax withholding and remittance obligations in connection with the net settlement of the Performance-based Restricted Stock Units ("PRUs") and does not represent a sale. | The Participant received a grant of PRUs which vested based on the Issuer's achievement of two equally weighted metrices: target total shareholder return (TSR) and target bookings growth and non-GAAP operating margin performance (BGOM), over a performance period of three years. The potential payout ranged from 0% to 200% and the final determination was certified by the Issuer's Compensation and Leadership Development Committee. The initial award of 510,472 shares of PRUs was granted on July 8, 2022, the performance period ended on March 28, 2025, and the performance criteria was subsequently determined to have been met at 187.5% of the target, resulting in the vesting of 478,568 PRU shares.