4//SEC Filing
Pedersen Todd R. 4
Accession 0000899243-22-009279
CIK 0001713952other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 9:53 PM ET
Size
25.0 KB
Accession
0000899243-22-009279
Insider Transaction Report
Form 4
Pedersen Todd R.
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
2022-03-01+54,506→ 2,179,270 total - Tax Payment
Class A Common Stock
2022-03-01$7.52/sh−223,809$1,683,044→ 1,955,461 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−292,683→ 0 total→ Class A Common Stock (292,683 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-01+54,506→ 2,124,764 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−146,341→ 292,683 total→ Class A Common Stock (146,341 underlying) - Award
Restricted Stock Units
2022-03-01+163,517→ 163,517 total→ Class A Common Stock (163,517 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-01+292,683→ 1,923,917 total - Exercise/Conversion
Class A Common Stock
2022-03-01+146,341→ 2,070,258 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−54,506→ 163,517 total→ Class A Common Stock (54,506 underlying)
Holdings
- 13,655,825(indirect: See Footnote)
Class A Common Stock
Footnotes (8)
- [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% vested on March 1, 2022.
- [F2]Reflects restricted stock units that upon the vesting and then settlement converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. Reflects an initial grant of 585,366 restricted stock units that vest in four equal annual installments beginning on January 17, 2021.
- [F3]Reflects a grant of restricted stock units that vest in four equal annual installments beginning on March 1, 2022.
- [F4]Reflects performance-based restricted stock units previously granted to the Reporting Person, the performance of which was certified on March 1, 2022.
- [F5]Reflects shares of Class A Common Stock withheld to cover the Reporting Person's tax liability in connection with the vesting and settlement of the restricted stock units and performance-based restricted stock units described herein.
- [F6]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.
- [F7]Reflects performance-based restricted stock units previously granted to the Reporting Person, the performance of which was certified on March 1, 2022. Of the performance-based restricted stock units deemed acquired on March 1, 2022, 25% vested immediately and the remaining 75% vest in three equal annual installments beginning on March 1, 2023. Therefore, upon certification of the award, the Reporting Person received 54,506 shares of Class A Common Stock and 163,517 restricted stock units that vest in three equal annual installments beginning on March 1, 2023.
- [F8]Reflects securities held by a trust for the benefit of the Reporting Person's family. The Reporting Person disclaims beneficial ownership over the shares held by such trust, except to the extent of his pecuniary interest therein.
Issuer
Vivint Smart Home, Inc.
CIK 0001713952
Entity typeother
Related Parties
1- filerCIK 0001619085
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 9:53 PM ET
- Size
- 25.0 KB