Santiago Todd M 4
4 · Vivint Smart Home, Inc. · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Santiago Todd M
EVP, GM of Retail
Transactions
- Award
Restricted Stock Units
2023-03-01+147,321→ 147,321 total→ Class A Common Stock (147,321 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-01−27,253→ 54,506 total→ Class A Common Stock (27,253 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-01−49,108→ 147,321 total→ Class A Common Stock (49,108 underlying) - Award
Class A Common Stock
2023-03-01+49,107→ 880,016 total - Exercise/Conversion
Class A Common Stock
2023-03-01+27,253→ 830,909 total - Exercise/Conversion
Class A Common Stock
2023-03-01+27,253→ 907,269 total - Exercise/Conversion
Class A Common Stock
2023-03-01+49,108→ 956,377 total - Tax Payment
Class A Common Stock
2023-03-01$11.91/sh−67,504$803,973→ 888,873 total - Exercise/Conversion
Restricted Stock Units
2023-03-01−27,253→ 54,506 total→ Class A Common Stock (27,253 underlying)
Holdings
- 213,985(indirect: See Footnote)
Class A Common Stock
Footnotes (7)
- [F1]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.
- [F2]Reflects performance-based restricted stock units previously granted to the Reporting Person, which were certified at target-level performance on March 1, 2023. Of these units, 25% vested immediately and the remaining 75% vest in three equal annual installments beginning on March 1, 2024. Therefore, upon certification of the award, the Reporting Person received 49,107 shares of Class A Common Stock and will receive 147,321 shares (or the cash-equivalent thereof) in three equal annual installments beginning on March 1, 2024.
- [F3]Reflects shares of Class A Common Stock withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units and performance-based restricted stock units.
- [F4]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.
- [F5]Reflects securities held by a trust for the benefit of the Reporting Person's family of which the Reporting Person is a trustee.
- [F6]On March 26, 2021, the Reporting Person was granted 109,012 restricted stock units that vest in four equal annual installments beginning on March 1, 2022.
- [F7]On March 23, 2022, the Reporting Person was granted 196,429 restricted stock units that vest in four equal annual installments beginning on March 1, 2023.