Item 5. Other Information
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Item 5. Other Information
During the fiscal quarter ended September 30, 2024, our executive officers adopted the following trading arrangements that are intended to satisfy the affirmative defense of Rule 10b5–1(c).
| Name & Title | Date of Adoption | Duration of Trading Arrangement | The maximum number of securities to be sold pursuant to the trading arrangement (1) | ||||||||
| John Ayala, Chief Operating Officer | September 10, 2024 | January 3, 2025 – December 31, 2025 | 47,709 | ||||||||
| Maria Black, President and Chief Executive Officer | September 6, 2024 | January 3, 2025 – December 31, 2025 | 46,783 | ||||||||
| Michael Bonarti, Chief Administrative Officer | September 9, 2024 | February 3, 2025 – December 31, 2025 | 43,905 | ||||||||
| Christopher D’Ambrosio, Chief Strategy Officer | September 9, 2024 | February 10, 2025 – December 30, 2025 | 2,856 | ||||||||
| Joseph DeSilva, President, Global Sales | September 9, 2024 | January 2, 2025 – December 31, 2025 | 19,827 | ||||||||
| Sreeni Kutam, President, Global Product and Innovation | September 6, 2024 | January 2, 2025 – December 31, 2025 | 49,907 | ||||||||
| David Kwon, Chief Legal Officer/General Counsel | September 5, 2024 | January 2, 2025 – December 31, 2025 | 3,470 | ||||||||
| Jonathan Lehberger, Corporate Controller | September 5, 2024 | January 2, 2025 – December 31, 2025 | 4,803 | ||||||||
| Don McGuire, Chief Financial Officer | September 6, 2024 | January 2, 2025 – December 31, 2025 | 24,387 | ||||||||
| Carlos Rodriguez, Director | September 5, 2024 | January 7, 2025 – December 31, 2025 | 145,246 |
(1) Securities reported in this column reflect options, restricted stock units (“RSUs”), performance-based stock units (“PSUs”) and shares of common stock, as appropriate. In the case of RSUs, quantities included in this column reflect the full amount of RSUs as reported in an officer’s respective plan and do not reflect the impact of tax withholding which will not be determined until the RSUs vest. In the case of PSUs (which have a three-year performance period), quantities included in this column reflect the application of the actual performance factor for tranches where performance has been certified, application at target for tranches where performance is not yet complete, and inclusion of accrued dividend equivalents through the date of adoption of the trading arrangement. The PSU amounts do not reflect the impact of tax withholding which will not be determined until the PSUs vest. In addition, securities reported in this column include securities subject to limit orders and such orders may not fill if limit order conditions are not met.
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