Kelliher Patrick E 4
4 · Vivint Smart Home, Inc. · Filed Mar 3, 2022
Insider Transaction Report
Form 4
Kelliher Patrick E
Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2022-03-01+12,945→ 12,945 total→ Class A Common Stock (12,945 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-01+4,315→ 200,770 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−30,732→ 0 total→ Class A Common Stock (30,732 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-01+30,732→ 167,919 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−4,315→ 12,945 total→ Class A Common Stock (4,315 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-01+28,536→ 196,455 total - Award
Class A Common Stock
2022-03-01+4,315→ 205,085 total - Tax Payment
Class A Common Stock
2022-03-01$7.52/sh−19,897$149,625→ 185,188 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−28,536→ 57,073 total→ Class A Common Stock (28,536 underlying)
Holdings
- 17,831(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 114,146 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 4,315 shares of Class A Common Stock and 12,945 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.