Quantum-Si GC sells shares for tax withholding
Quantum-Si Inc general counsel and corporate secretary Christian LaPointe reported two small open-market sales of Class A common stock tied to tax withholding on vested restricted stock units.
Rhea-AI Filing Summary
Quantum-Si Inc general counsel and corporate secretary Christian LaPointe reported two small open-market sales of Class A common stock tied to tax withholding on vested restricted stock units. He sold 7,794 shares on June 22 at a weighted average price of $0.9574 per share and 7,794 shares on June 23 at a weighted average price of $0.8990 per share, for a total of 15,588 shares. The sales were executed under a mandatory sell-to-cover provision for federal, state and local tax withholding and were not discretionary. After these transactions, LaPointe directly holds 1,182,429 Quantum-Si shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,794 | $0.899 | $7K |
| Sale | Class A Common Stock | 7,794 | $0.9574 | $7K |
Footnotes (3)
- F1. Represents shares sold pursuant to a mandatory Quantum-Si sell-to-cover provision for required federal, state and local withholding taxes in connection with the vesting of previously granted restricted stock units. Individual is not able to alter this mandatory sell-to-cover provision that is enacted at the grant date of the related restricted stock unit award.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $0.9212 to $1.005 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3. Represents the weighted average sales price per share. The shares sold at prices ranging from $0.88 to $0.9291 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Key Figures
Key Terms
sell-to-cover financial
restricted stock units financial
weighted average sales price financial
FAQ
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