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Xperi Inc. — Director's Dealing 2023
Mar 3, 2023
33417_dirs_2023-03-03_bc652768-14a2-417a-892b-2f2123b758e7.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Xperi Inc. (XPER)
CIK: 0001788999
Period of Report: 2022-10-01
Reporting Person: MILNE MATTHEW (Chief Revenue Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-01 | Common Stock | A | 56548 | $0.00 | Acquired | 89680 | Direct |
Footnotes
F1: Represents unvested restricted stock units ("RSUs") granted by Xperi Holding Corporation that have been converted into unvested RSUs of the Issuer in connection with the spin-off of the Issuer from Xperi Holding Corporation (the "Spin-off"). These RSUs are subject to the same terms and conditions applicable to such Xperi Holding Corporation awards. The RSUs shall vest as follows: 10,504 shares shall vest in two equal installments on July 28, 2023 and July 28, 2024; 10,678 shares shall vest in three equal installments on March 1, 2023 and annually thereafter until fully vested; 14,236 shares shall vest in three equal installments on March 1, 2023 and annually thereafter until fully vested; 3,087 shares shall vest in full on July 1, 2023; 18,043 shares shall vest in four equal installments on March 1, 2023 and annually thereafter until fully vested.
F2: Each restricted stock unit represents a contingent right to receive one share of Xperi Inc. common stock.
F3: Includes shares of Issuer's common stock received in the Spin-off with respect to shares of Xperi Holding Corporation common stock held prior to the Spin-off. The number of shares beneficially owned has been adjusted to account for a calculation error and were overreported.