10/03/2025 | Press release | Distributed by Public on 10/03/2025 19:51
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $79.5 | 10/01/2025 | A | 60,000 | (5) | 10/01/2035 | Class A Common Stock | 60,000 | $ 0 | 15,000 | D | ||||
Restricted Stock Units | (6) | 10/01/2025 | M | 50,000 | (6) | (6) | Class A Common Stock | 50,000 | $ 0 | 0 (1) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Swieringa John 9601 S. MERIDIAN BLVD. ENGLEWOOD, CO 80112 |
PRES, TECH & COO |
/s/ John W. Swieringa, by Dean A. Manson, Attorney-in-Fact | 10/03/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The reported transaction involved the reporting person's vesting of restricted stock units (RSUs) awarded on June 26, 2025 and previously reported in Table II of Form 4. The total reported in Column 5 of this Form 4 includes the 200,000 remaining RSUs from the June 26, 2025 award, 77,193 additional RSUs previously reported in Table II of Form 4, and 441 shares of Class A Common Stock. In future filings, any awards of RSUs will be reported in Table I by the Reporting Person and Column 5 of Table I will include unvested RSUs. |
(2) | Includes shares acquired under the Company's Employee Stock Purchase Plan. |
(3) | Represents shares withheld to cover certain tax obligations in connection with the vesting of the RSUs. |
(4) | By 401(K). |
(5) | The option vests in three equal annual installments beginning on October 1, 2026. |
(6) | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer, which will be issued to the Reporting Person immediately upon vesting. |