4//SEC Filing
Allred L. Chance 4
Accession 0001209191-20-054300
CIK 0001607716other
Filed
Oct 7, 8:00 PM ET
Accepted
Oct 8, 5:24 PM ET
Size
21.9 KB
Accession
0001209191-20-054300
Insider Transaction Report
Form 4
Allred L. Chance
Vice President, Sales
Transactions
- Disposition to Issuer
Common Stock
2020-10-08−41,296→ 148,271 total - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−34,773→ 0 totalExercise: $5.20Exp: 2028-09-26→ Common Stock (34,773 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−42,432→ 0 totalExercise: $3.45Exp: 2027-10-02→ Common Stock (42,432 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−66,176→ 0 totalExercise: $5.23Exp: 2029-02-28→ Common Stock (66,176 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-10-08−45,620→ 0 totalExercise: $8.21Exp: 2030-06-01→ Common Stock (45,620 underlying) - Disposition to Issuer
Common Stock
2020-10-08−148,271→ 0 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)
2020-10-08−7,928→ 0 totalExercise: $28.29Exp: 2030-09-08→ Common Stock (7,928 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.
- [F7]100% of the Shares subject to this Award will vest on June 6, 2022, 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 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.
- [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 0001618793
Filing Metadata
- Form type
- 4
- Filed
- Oct 7, 8:00 PM ET
- Accepted
- Oct 8, 5:24 PM ET
- Size
- 21.9 KB