Item 5. OTHER INFORMATION
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Item 5. OTHER INFORMATION
Trading Arrangements
During the three months ended September 30, 2023, the Company’s directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted written plans intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) for the sale of the Company’s securities as set forth in the table below.
| Name | Position | Adoption Date | Total Shares of Class A Common Stock to be Sold | Expiration Date | ||||||||||||||||||||||
| Kerry Acocella | General Counsel & Secretary | September 12, 2023 | 17,500 | September 30, 2024 | ||||||||||||||||||||||
| Alexis Lê-Quôc | Chief Technology Officer & Director | September 5, 2023 | 3,307,972 (1) | October 3, 2025 | ||||||||||||||||||||||
| (1)Approximately 2.7 million shares will be sold in sell-to-cover transactions intended to satisfy tax withholding obligations and exercise costs realized upon the exercise of stock options. |
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