4//SEC Filing
Choi Justin C 4
Accession 0001209191-22-027340
CIK 0001517228other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 4:03 PM ET
Size
10.0 KB
Accession
0001209191-22-027340
Insider Transaction Report
Form 4
Choi Justin C
SVP, Chief Legal Officer & Sec
Transactions
- Tax Payment
Common Stock
2022-05-03$6.39/sh−11,814$75,491→ 155,675 total - Exercise/Conversion
Common Stock
2022-05-03+22,680→ 167,489 total - Exercise/Conversion
Performance Share Units
2022-05-03−22,680→ 52,920 totalExercise: $0.00Exp: 2024-10-01→ Common Stock (22,680 underlying)
Footnotes (4)
- [F1]On May 3, 2021, the reporting person was granted 75,600 performance share units, which vest upon the achievement of certain hurdles relating to the issuer's stock price ranging from a low of $17.50 to a high of $40, and the reporting person's continued employment with the issuer, over the period from 05/03/2021 to 10/01/2024. On July 27, 2021, each of the $17.50 stock price hurdle and the $20.00 stock price hurdle was achieved and, on May 3, 2022, the continued employment requirement was met, resulting in vesting of 22,680 performance share units.
- [F2]As previously reported, includes (a) 35,267 restricted stock units that were granted on 05/03/2021 and will vest ratably on 05/03/2023 and 05/03/2024, and (b) 52,100 restricted stock units that were granted on 03/01/2022 and will vest ratably on 06/01/2023, 06/01/2024 and 06/01/2025, each subject to the reporting person's continued employment with the issuer.
- [F3]Reflects shares withheld to cover taxes incurred upon the vesting of the performance share units and restricted stock units.
- [F4]Each performance share unit reflects the right to receive one share of common stock. The performance share units vest upon the achievement of certain hurdles relating to the issuer's stock price ranging from a low of $17.50 to a high of $40, and the reporting person's continued employment with the issuer, over the period from 05/03/2021 to 10/01/2024.
Documents
Issuer
CommScope Holding Company, Inc.
CIK 0001517228
Entity typeother
Related Parties
1- filerCIK 0001355816
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 4:03 PM ET
- Size
- 10.0 KB