Item 9B. OTHER INFORMATION
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Item 9B. OTHER INFORMATION
During the three months ended January 31, 2025, certain of our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted a “Rule 10b5-1 trading arrangement” (as defined in Regulation S-K Item 408) for the sale of shares of our Class A common stock, as set forth below, in amounts and prices determined in accordance with a formula set forth in each such plan:
| Plans | ||||||||||||||||||||||||||||||||||||||
| Name and Title | Action | Date | Rule 10b5-1**(1)** | Non-Rule 10b5-1**(2)** | Number of Shares to be Sold | Expiration**(4)** | ||||||||||||||||||||||||||||||||
| Gerhard Watzinger, Chairman | Adoption | December 6, 2024 | X | Up to 60,500 | Earlier of the date when all shares under the plan are sold and April 1, 2026. | |||||||||||||||||||||||||||||||||
| Shawn Henry, Chief Security Officer | Adoption | December 18, 2024 | X | Up to 54,333(3) | Earlier of when all shares under the plan are sold and March 24, 2026. | |||||||||||||||||||||||||||||||||
| Johanna Flower, Director | Adoption | January 16, 2025 | X | Up to 10,394 | Earlier of when all shares under the plan are sold and April 17, 2026. |
(1) Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
(2) Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
(3) Intended to permit Mr. Henry to sell (i) 21,330 shares subject to RSUs and (ii) 33,003 shares subject to PSUs. The actual number of shares subject to PSUs that may be sold is subject to the satisfaction of the applicable performance conditions and may be equal to, greater than or less than 33,003 shares.
(4) Each as subject to further early termination for certain specified events as set forth therein.
No other officers or directors, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the last fiscal quarter.
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