4//SEC Filing
CLEVENGER S GREGORY 4
Accession 0001209191-22-051143
CIK 0001723648other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:30 PM ET
Size
9.3 KB
Accession
0001209191-22-051143
Insider Transaction Report
Form 4
CLEVENGER S GREGORY
EVP and CFO
Transactions
- Tax Payment
Class A Common Stock
2022-09-21$2.56/sh−1,742$4,460→ 242,504 total
Holdings
- 161,250
Performance Share Units
→ Class A Common Stock (161,250 underlying) - 80,625
Performance Share Units
→ Class A Common Stock (80,625 underlying)
Footnotes (6)
- [F1]The reported securities represent shares withheld by the Company to cover taxes associated with the vesting and settlement of Restricted Stock Units ("RSUs").
- [F2]The reporting person previously reported awards of 241,875 Performance Share Units ("PSUs") in Table I. The total reported in Column 5 excludes these PSUs which are now reported in Table II. Following the reported transaction, the reporting person holds 36,484 shares of Class A Common Stock and 206,020 RSUs.
- [F3]Each PSU represents a contingent right to receive one share of Class A Common Stock of LiveVox Holdings, Inc.
- [F4]The PSUs are divided into two equal Performance Tranches, with the PSUs subject to each Performance Tranche vesting if, for any 20 out of 30 consecutive trading days beginning after August 18, 2021, the per share volume-weighted average price (the "VWAP") over such period is greater than the applicable VWAP hurdle. The VWAP hurdles are $15.00 and $17.50, respectively.
- [F5]The PSUs were previously reported in Table I and are now reported in Table II.
- [F6]The PSUs are subject to both time-based and performance vesting. Twenty-five percent of the PSUs will vest on June 21, 2022 and the remaining shares will vest in twelve equal quarterly installments thereafter. In addition, the PSUs are divided into three equal performance tranches with performance vesting to occur if, for any 20 trading days out of 30 consecutive trading days beginning after August 18, 2021, the per share VWAP is greater than the applicable VWAP hurdle. The VWAP hurdles for the first, second and third performance tranches are $12.50, $15.00 and $17.50, respectively.
Documents
Issuer
LiveVox Holdings, Inc.
CIK 0001723648
Entity typeother
Related Parties
1- filerCIK 0001208623
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 4:30 PM ET
- Size
- 9.3 KB