4//SEC Filing
MURNANE WILLIAM P 4
Accession 0001493152-21-031317
CIK 0001721741other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 5:55 PM ET
Size
16.2 KB
Accession
0001493152-21-031317
Insider Transaction Report
Form 4
MURNANE WILLIAM P
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2021-12-10$11.10/sh+100,000$1,110,000→ 755,436 total - Exercise/Conversion
Common Stock
2021-12-09$11.10/sh+100,000$1,110,000→ 655,436 total - Exercise/Conversion
Common Stock
2021-12-13$11.10/sh+100,000$1,110,000→ 855,436 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-09−100,000→ 640,426 totalExercise: $11.10Exp: 2023-03-16→ Common Stock (100,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-10−100,000→ 540,426 totalExercise: $11.10Exp: 2023-03-16→ Common Stock (100,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-13−100,000→ 440,426 totalExercise: $11.10Exp: 2023-03-16→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The option shall vest as follows and shall be exercisable only to the extent that it has vested: 30% of the option shall vest once the VWAP (defined below) is equal to or greater than $13.125 per share for at least thirty (30) out of thirty-five (35) consecutive trading days ("Specific Period"); an additional 30% of the option shall vest once the VWAP is equal to or greater than $17.50 per share for a Specific Period; an additional 30% of the option shall vest once the VWAP is equal to or greater than $21.875 per share for a Specific Period; and an additional 10% of the option shall vest once the VWAP is equal to or greater than $35 per share for a Specific Period; provided that the reporting person remains continuously employed by the company (and/or any of its subsidiaries) from the grant date through (and including) the relevant date of vesting. Any such VWAP shall be adjusted for share splits, extraordinary dividends, reorganizations, recapitalizations or similar events.
- [F2]"VWAP" means, for any date, the price determined by the first of the following clauses that applies: (a) if the shares are then listed or quoted on a national securities exchange, the daily volume weighted average price of the shares for such date (or the nearest preceding date) on the national securities exchange on which the shares are then listed or quoted as reported by Bloomberg L.P. (based on a trading day from 9:30 a.m. (New York City time) to 4:00 p.m. (New York City time)), (b) if the shares are not then listed or quoted for trading on any national securities exchange and if prices for the shares are then reported on the OTC Bulletin Board or in the "Pink Sheets" published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the shares so reported, or (c) in all other cases, the fair market value of the shares as determined in good faith by the committee.
Documents
Issuer
Lazydays Holdings, Inc.
CIK 0001721741
Entity typeother
Related Parties
1- filerCIK 0001217575
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 5:55 PM ET
- Size
- 16.2 KB