Hwang Jung Taik 4
4 · Vivint Smart Home, Inc. · Filed Mar 3, 2021
Insider Transaction Report
Form 4
Hwang Jung Taik
Chief Technology Officer
Transactions
- Award
Class A Common Stock
2021-03-01+89,634→ 358,154 total - Tax Payment
Class A Common Stock
2021-03-01$16.95/sh−39,753$673,813→ 318,401 total - Award
Restricted Stock Units
2021-03-01+89,634→ 89,634 total→ Class A Common Stock (89,634 underlying)
Footnotes (3)
- [F1]Reflects performance-based restricted stock units previously granted to the Reporting Person, the performance of which was certified on March 1, 2021. Of the performance-based restricted stock units deemed acquired on March 1, 2021, 50% vested immediately and the remaining 50% vest on March 1, 2022. Therefore, upon certification of the award, the Reporting Person received 89,634 shares of Class A common stock of the Issuer ("Class A Common Stock") and 89,634 restricted stock units that vest on March 1, 2022.
- [F2]Reflects shares of Class A Common Stock withheld to cover the Reporting Person's tax liability in connection with the vesting of certain performance-based restricted stock units described herein.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash.