4//SEC Filing
Russell Dana C 4
Accession 0001209191-20-048672
CIK 0001607716other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 5:32 PM ET
Size
23.3 KB
Accession
0001209191-20-048672
Insider Transaction Report
Form 4
Russell Dana C
CFO and EVP
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2020-08-26−7,353→ 0 totalExercise: $1.30Exp: 2024-01-23→ Common Stock (7,363 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2020-08-26−31,890→ 97,420 totalExercise: $3.45Exp: 2027-10-02→ Common Stock (31,890 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2020-08-27−57,012→ 40,408 totalExercise: $3.45Exp: 2027-10-02→ Common Stock (57,012 underlying) - Exercise/Conversion
Common Stock
2020-08-26$1.30/sh+7,353$9,559→ 337,270 total - Exercise/Conversion
Common Stock
2020-08-27$3.45/sh+57,012$196,691→ 347,691 total - Exercise/Conversion
Common Stock
2020-08-26$3.45/sh+31,890$110,021→ 369,160 total - Sale
Common Stock
2020-08-26$28.04/sh−78,481$2,200,686→ 290,679 total - Exercise/Conversion
Common Stock
2020-08-27$5.20/sh+25,966$135,023→ 373,657 total - Sale
Common Stock
2020-08-27$28.08/sh−142,867$4,012,277→ 230,790 total - Exercise/Conversion
Stock Option (Right to Buy)
2020-08-27−25,966→ 33,381 totalExercise: $5.20Exp: 2028-09-26→ Common Stock (25,966 underlying)
Footnotes (5)
- [F1]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.30, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F2]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.23, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F3]One-third of this option vests annually in five equal installments beginning 11/18/14. The remaining two-thirds of the outstanding options vest as follows: (1) one-half will vest if and upon the date that is the sooner of (a) 313 Acquisition LLC receives a return on its invested capital at a pre-established threshold or (b) the Company's aggregate equity market capitalization is equal to or greater than $1 billion on a date no sooner than 240 days after the commencement of this offering, and (2) one-half of the shares vest if and upon the date that 313 Acquisition LLC receives an additional return on its investment at a second pre-established threshold.
- [F4]25% of the shares subject to this award vested on September 6, 2018, and 1/16th of the shares subject to this award vest on each quarterly vesting date thereafter. The term "quarterly vesting date" shall mean the sixth day of March, June, September and December of any fiscal year, as applicable.
- [F5]25% of the shares subject to this award vested on September 6, 2019, and 1/16th of the shares subject to this award vest on each quarterly vesting date thereafter. The term "quarterly vesting date" shall mean the sixth day of March, June, September and December of any fiscal year, as applicable.
Documents
Issuer
Vivint Solar, Inc.
CIK 0001607716
Entity typeother
Related Parties
1- filerCIK 0001367405
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 5:32 PM ET
- Size
- 23.3 KB