4//SEC Filing
Christiansen Bryan 4
Accession 0001209191-20-054289
CIK 0001607716other
Filed
Oct 7, 8:00 PM ET
Accepted
Oct 8, 5:11 PM ET
Size
22.1 KB
Accession
0001209191-20-054289
Insider Transaction Report
Form 4
Christiansen Bryan
Chief Operating Officer
Transactions
- Disposition to Issuer
Common Stock
2020-10-08−108,109→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−44,510→ 0 totalExercise: $5.20Exp: 2028-09-26→ Common Stock (44,510 underlying) - Disposition to Issuer
Stock Option (Right to Buy
2020-10-08−7,928→ 0 totalExercise: $28.29Exp: 2030-09-08→ Common Stock (7,928 underlying) - Disposition to Issuer
Common Stock
2020-10-08−49,939→ 108,109 total - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−33,333→ 0 totalExercise: $7.39Exp: 2029-09-12→ Common Stock (33,333 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−43,103→ 0 totalExercise: $3.45Exp: 2027-10-02→ Common Stock (43,103 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−88,235→ 0 totalExercise: $5.23Exp: 2029-02-28→ Common Stock (88,235 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−18,148→ 0 totalExercise: $8.21Exp: 2030-06-01→ Common Stock (18,148 underlying)
Footnotes (9)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 6, 2020 (the "Merger Agreement"), by and among Sunrun Inc. ("RUN"), Viking Merger Sub, Inc. and Vivint Solar, Inc. in exchange for 0.55 shares of RUN common stock per share.
- [F2]Pursuant to the Merger Agreement, the restricted stock units held by the Reporting Person were disposed of and converted into restricted stock units representing 0.55 shares of RUN common stock per share.
- [F3]Disposed of pursuant to the Merger Agreement and converted into an option to acquire 0.55 shares of RUN common stock per share.
- [F4]25% of the shares subject to this award will vest on September 6, 2018, and 1/16th of the shares subject to this award will 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 will vest on September 6, 2019, and 1/16th of the shares subject to this award will 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.
- [F6]100% of the shares subject to this option will vest on March 6, 2022 subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date. Notwithstanding the foregoing, 100% of the shares subject to this option will fully vest upon a Change of Control (as defined in the Plan).
- [F7]25% of the Shares subject to this option will vest on September 6, 2020, and on each of the next 12 quarterly vesting dates, 1/16 of the shares subject to this option will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.
- [F8]25% of the Shares subject to this Award will vest on June 6, 2021, and on each of the next 12 Quarterly Vesting Dates, 1/16 of the Shares subject to this Award will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.
- [F9]25% of the Shares subject to this option will vest on September 6, 2021, and on each of the next 12 quarterly vesting dates, 1/16 of the shares subject to this option will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.
Documents
Issuer
Vivint Solar, Inc.
CIK 0001607716
Entity typeother
Related Parties
1- filerCIK 0001684876
Filing Metadata
- Form type
- 4
- Filed
- Oct 7, 8:00 PM ET
- Accepted
- Oct 8, 5:11 PM ET
- Size
- 22.1 KB