IRWD
Ironwood Pharmaceuticals IncTrades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-07 | Silver Ronald |
Principal Accounting Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.50 to $4.57, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
127,890 |
| 2026-06-16 | Kessler Marla L |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
63,481 |
| 2026-06-16 | McHugh Julie |
Director |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.66 to $3.78, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
21,571 |
| 2026-06-16 | McHugh Julie |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
63,481 |
| 2026-06-16 | Shepard Jay |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
63,481 |
| 2026-06-16 | Duane Jon R |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
63,481 |
| 2026-06-16 | DENNER ALEXANDER J |
10% Owner |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
63,481 |
| 2026-06-16 | Moukheibir Catherine |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
63,481 |
| 2026-06-16 | Currie Mark G |
President and CSO |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
63,481 |
| 2026-06-15 | DENNER ALEXANDER J |
10% Owner |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Issued pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024. |
Class A Common Stock
|
4,065 |
| 2026-05-19 | Silver Ronald |
Principal Accounting Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The restricted stock unit award vests as to 50% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Common Stock
|
25,000 |
| 2026-03-17 | DENNER ALEXANDER J |
10% Owner |
Sell↓
Filing footnotes — Class A Common Stock (Indirect)
Consists of shares that are held by Sarissa Capital Management LP ("Sarissa Capital") or by the funds and other investment vehicles (the "Sarissa Funds") for which Sarissa Capital serves as investment advisor. Dr. Denner is the Chief Investment Officer of Sarissa Capital and the managing member, general partner or other control party of the Sarissa Funds. By virtue of the foregoing, Dr. Denner may be deemed to indirectly beneficially own the shares that these funds directly beneficially own. Each of SarissaCapital, the Sarissa Funds and Dr. Denner disclaims beneficial ownership of these shares except, in each case, to the extent of their pecuniary interest therein. |
Class A Common Stock
(I)
|
6,725,000 |
| 2026-03-17 | DENNER ALEXANDER J |
10% Owner |
Sell↓
Filing footnotes — Class A Common Stock (Indirect)
Consists of shares that are held by Sarissa Capital Management LP ("Sarissa Capital") or by the funds and other investment vehicles (the "Sarissa Funds") for which Sarissa Capital serves as investment advisor. Dr. Denner is the Chief Investment Officer of Sarissa Capital and the managing member, general partner or other control party of the Sarissa Funds. By virtue of the foregoing, Dr. Denner may be deemed to indirectly beneficially own the shares that these funds directly beneficially own. Each of SarissaCapital, the Sarissa Funds and Dr. Denner disclaims beneficial ownership of these shares except, in each case, to the extent of their pecuniary interest therein. |
Class A Common Stock
(I)
|
5,800 |
| 2026-03-13 | DENNER ALEXANDER J |
10% Owner |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Issued pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024. |
Class A Common Stock
|
4,451 |
| 2026-03-10 | MCCOURT Thomas A |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock unit award, granted as an annual performance award, vests as to 33.33% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Class A Common Stock
|
409,836 |
| 2026-03-10 | John Minardo |
Chief Legal Officer |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock unit award, granted as an annual performance award, vests as to 25% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Class A Common Stock
|
136,612 |
| 2026-03-10 | Silver Ronald |
Principal Accounting Officer |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock unit award, granted as an annual performance award, vests as to 25% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Class A Common Stock
|
163,934 |
| 2026-03-10 | Gaskins Tammi L |
Chief Commercial Officer |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock unit award, granted as an annual performance award, vests as to 25% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Class A Common Stock
|
136,612 |
| 2026-03-10 | Shetzline Michael |
SVP, CMO, Head-Res&Drug |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock unit award, granted as an annual performance award, vests as to 25% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Class A Common Stock
|
136,612 |
| 2026-03-10 | Martini Gregory S. |
Chief Financial Officer |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock unit award, granted as an annual performance award, vests as to 25% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Class A Common Stock
|
136,612 |
| 2026-02-24 | Silver Ronald |
Principal Accounting Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.73, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
12,621 |
| 2026-02-24 | John Minardo |
Chief Legal Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.73, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
19,053 |
| 2026-02-24 | Shetzline Michael |
SVP, CMO, Head-Res&Drug |
Sell↑
Filing footnotes — Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.73, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Common Stock
|
17,012 |
| 2026-02-24 | Gaskins Tammi L |
Chief Commercial Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.73, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
11,239 |
| 2026-02-24 | MCCOURT Thomas A |
Director |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.73, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
103,526 |
| 2026-02-24 | Martini Gregory S. |
Chief Financial Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.73, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
11,457 |
| 2026-02-23 | Shetzline Michael |
SVP, CMO, Head-Res&Drug |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.70 to $4.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
15,570 |
| 2026-02-23 | Gaskins Tammi L |
Chief Commercial Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.70 to $4.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
10,287 |
| 2026-02-23 | Martini Gregory S. |
Chief Financial Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.70 to $4.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
10,487 |
| 2026-02-23 | John Minardo |
Chief Legal Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.70 to $4.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
17,439 |
| 2026-02-23 | MCCOURT Thomas A |
Director |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.70 to $4.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The reporting person acquired 4 shares of Class A Common Stock under the issuer's employee stock purchase plan on December 31, 2025. |
Class A Common Stock
|
94,757 |
| 2026-02-23 | Silver Ronald |
Principal Accounting Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.70 to $4.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
Class A Common Stock
|
11,552 |
| 2026-01-05 | Silver Ronald |
Principal Accounting Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The reporting person acquired 35,416 shares of Class A Common Stock under the issuer's employee stock purchase plan on December 31, 2025. |
Class A Common Stock
|
35,416 |
| 2025-12-15 | DENNER ALEXANDER J |
10% Owner |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Issued pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024. |
Class A Common Stock
|
4,178 |
| 2025-11-17 | Gaskins Tammi L |
Chief Commercial Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the Reporting Person. |
Class A Common Stock
|
6,016 |
| 2025-09-15 | DENNER ALEXANDER J |
10% Owner |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Issued pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024. |
Class A Common Stock
|
11,718 |
| 2025-08-11 | Martini Gregory S. |
Chief Financial Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the Reporting Person. |
Class A Common Stock
|
1,265 |
| 2025-08-11 | Silver Ronald |
Principal Accounting Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the Reporting Person. |
Class A Common Stock
|
2,846 |
| 2025-08-11 | John Minardo |
Chief Legal Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the Reporting Person. |
Class A Common Stock
|
7,754 |
| 2025-08-11 | Gaskins Tammi L |
Chief Commercial Officer |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a sell to cover transaction and does not represent a discretionary trade by the Reporting Person. |
Class A Common Stock
|
1,316 |
| 2025-06-13 | DENNER ALEXANDER J |
10% Owner |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Issued pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024. |
Class A Common Stock
|
24,193 |
| 2025-06-10 | Shepard Jay |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
45,000 |
| 2025-06-10 | Currie Mark G |
President and CSO |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
45,000 |
| 2025-06-10 | Moukheibir Catherine |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
45,000 |
| 2025-06-10 | McHugh Julie |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
45,000 |
| 2025-06-10 | Dreyfus Andrew |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. Since the date of the reporting person's last ownership report, the individual transferred 4,917 shares of Class A common stock to the individual's ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by the individual's ex-spouse. |
Class A Common Stock
|
45,000 |
| 2025-06-10 | Kessler Marla L |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
45,000 |
| 2025-06-10 | Duane Jon R |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
45,000 |
| 2025-06-10 | DENNER ALEXANDER J |
10% Owner |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024, vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year. |
Class A Common Stock
|
45,000 |
| 2025-05-20 | MCCOURT Thomas A |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The restricted stock unit award, granted as an annual performance award, vests as to 33.33% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof. |
Class A Common Stock
|
540,000 |