Townsend Adam R. 4
4 · Vizio Holding Corp. · Filed Jun 10, 2024
Insider Transaction Report
Form 4
Townsend Adam R.
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2024-06-06+254,790→ 737,736 total
Footnotes (3)
- [F1]On June 5, 2023, the Reporting Person received 155,360 target performance-based restricted stock units (PSUs) subject to both service-based vesting requirements and a performance goal relating to the Issuer's achievement of total stockholder return relative to the Indexed Companies (as defined in the applicable award agreement) during a one-year performance period that began on June 2, 2023. Following certification by the Compensation Committee of the Issuer's Board of Directors on June 6, 2024, the Reporting Person earned 164% of the target award (or 254,790 PSUs) based on performance during the one year period starting June 2, 2023. 25% of the PSUs shall vest on the first trading day on or after June 18 of each year beginning on the first trading day on or after June 18, 2024, subject to the Reporting Person continuing as a service provider through each such date.
- [F2]Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]Includes 384 shares acquired under the VIZIO Holding Corp. 2021 Employee Stock Purchase Plan on November 15, 2023.