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Insider Trading Arrangements
3 Months Ended
Jan. 27, 2024
shares
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Joseph Cumello [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
The following table describes, for the quarter ended January 27, 2024, each trading arrangement for the sale or purchase of our securities adopted, terminated or for which the amount, pricing or timing provisions were modified by our directors and officers (as defined in Rule 16a-1(f) of the Exchange Act) that is either (1) a contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”) or (2) a “non-Rule 10b5-1 trading arrangement” (as defined in Item 408(c) of Regulation S-K):
Name
(Title)
Action Taken (Date of Action)Type of Trading ArrangementNature of Trading ArrangementDuration of Trading ArrangementAggregate Number of Securities to be Purchased or Sold
Joseph Cumello (Senior Vice President and General Manager of Blue Planet)
Adoption (January 8, 2024)
Rule 10b5-1 trading arrangementSalesUntil December 27, 2024, or such earlier date upon which all transactions are completed or expire without execution*
The aggregate number of shares of common stock to be sold pursuant to Mr. Cumello’s arrangement is up to (i) 11,599 shares of common stock plus (ii) 100% of the net after-tax shares of common stock to be received as a result of the March 20, 2024 vesting of 2,805 restricted stock units. The actual number of net after-tax shares to be received will vary based on the market price of our common stock at the time of settlement.
Name Joseph Cumello
Title Senior Vice President and General Manager of Blue Planet
Rule 10b5-1 Arrangement Adopted true
Adoption Date January 8, 2024
Arrangement Duration 354 days
Joseph Cumello, Trading Arrangement, Common Stock [Member] | Joseph Cumello [Member]  
Trading Arrangements, by Individual  
Aggregate Available 11,599
Joseph Cumello, Trading Arrangement, Restricted Stock Units [Member] | Joseph Cumello [Member]  
Trading Arrangements, by Individual  
Aggregate Available 2,805