4//SEC Filing
Wach Charles J. 4
Accession 0000849146-20-000188
CIK 0000849146other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 3:56 PM ET
Size
9.6 KB
Accession
0000849146-20-000188
Insider Transaction Report
Form 4
Lifevantage CorpLFVN
Wach Charles J.
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2020-12-05$11.00/sh−1,254$13,794→ 35,641 total - Exercise/Conversion
Common Stock
2020-12-05+895→ 36,895 total - Exercise/Conversion
Performance Restricted Stock Units
2020-12-05−895→ 1,253 total→ Common Stock (895 underlying)
Footnotes (3)
- [F1]On December 5, 2019 the reporting person was granted PSUs which vest only to the extent specified financial performance criteria are achieved and subject to the reporting person's continued service with the issuer, as follows: (i) 5/12 of the earned award vested on the first anniversary of the grant date and (ii) an additional 1/12 of the earned award will vest on the first day of each calendar quarter thereafter. The reporting person initially reported the number of shares that were eligible to be earned at target-level performance achievement. The performance criteria were achieved at a level below target; accordingly, the reporting person is eligible to earn 50.99% of the target number of units. The actual number of shares that vested on the reported transaction date was 50.99% of the at-target number of shares subject to vesting on that date and the number of PSUs beneficially owned following the reported transaction has been updated to reflect 50.99% of the target number of units.
- [F2]Performance Stock Units ("PSUs") convert into common stock on a one-for-one basis.
- [F3]These shares were withheld to satisfy tax withholding obligations in connection with the vesting of a PSU award and an RSU award granted on December 5, 2019.
Documents
Issuer
Lifevantage Corp
CIK 0000849146
Entity typeother
Related Parties
1- filerCIK 0001701034
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 3:56 PM ET
- Size
- 9.6 KB