Firouzbakht Farid 4
4 · CommScope Holding Company, Inc. · Filed May 10, 2022
Insider Transaction Report
Form 4
Firouzbakht Farid
SVP & President, OWN
Transactions
- Exercise/Conversion
Common Stock
2022-05-07+26,031→ 139,824 total - Exercise/Conversion
Performance Share Units
2022-05-07−26,031→ 60,739 totalExercise: $0.00Exp: 2024-10-01→ Common Stock (26,031 underlying)
Footnotes (3)
- [F1]On May 7, 2021, the reporting person was granted 86,770 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 05/07/2021 to 10/01/2024. On August 2, 2021, each of the $17.50 stock price hurdle and the $20.00 stock price hurdle was achieved and, on May 7, 2022, the continued employment requirement was met, resulting in vesting of 26,031 performance share units.
- [F2]As previously reported, includes (a) 18,922 restricted stock units that were granted on 06/01/2020 and will vest on 03/01/2023, and (b) 50,000 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]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 05/07/2021 to 10/01/2024.