SPRADLEY SUSAN LOUISE 4
4 · Avaya Holdings Corp. · Filed Jan 19, 2021
Insider Transaction Report
Form 4
SPRADLEY SUSAN LOUISE
Director
Transactions
- Sale
Common Stock, par value $0.01 per share
2021-01-15$20.86/sh−12,847$267,988→ 0 total
Holdings
- 39,570
Common Stock - Restricted Stock Units
Footnotes (3)
- [F1]Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person on December 15, 2020.
- [F2]Each Restricted Stock Unit (each, an "RSU") represents a contingent right to receive, at vesting, one share of common stock, par value $0.01 per share, of Avaya Holdings Corp. ("Common Stock"). These RSUs were previously reported on Table I on a Form 4 pursuant to the Avaya Holdings Corp. 2017 Equity Incentive Plan and the Avaya Holdings Corp. 2019 Equity Incentive Plan (each, an "EIP").
- [F3]These securities consist of (i) 4,040 shares of Common Stock, the distribution of which is deferred until the earliest to occur of (x) February 12, 2022, (y) the reporting person's separation of service from the registrant and (z) a "change in control" of the registrant, as defined in the applicable EIP; (ii) 16,846 shares of Common Stock, the distribution of which is deferred until the earliest to occur of (x) May 15, 2022, (y) the reporting person's separation of service from the registrant and (z) a "change in control" of the registrant, as defined in the applicable EIP; and (iii) 18,684 shares of Common Stock, the distribution of which is deferred until the earliest to occur of (x) March 4, 2023, (y) the reporting person's separation of service from the registrant and (z) a "change in control" of the registrant, as defined in the applicable EIP.