Bywater David 4
4 · Vivint Smart Home, Inc. · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Bywater David
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-03-01+214,286→ 1,453,139 total - Tax Payment
Class A Common Stock
2023-03-01$11.91/sh−378,858$4,512,199→ 1,074,281 total - Exercise/Conversion
Restricted Stock Units
2023-03-01−214,286→ 428,571 total→ Class A Common Stock (214,286 underlying) - Award
Class A Common Stock
2023-03-01+642,857→ 1,238,853 total
Footnotes (4)
- [F1]Reflects performance-based restricted stock units previously granted to the Reporting Person, which were certified at target-level performance on March 1, 2023 and upon certification, were deemed earned and vested immediately and settled into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
- [F2]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.
- [F3]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.
- [F4]On March 23, 2022, the Reporting Person was granted 642,857 restricted stock units that vest in three equal annual installments beginning on March 1, 2023.