Joseph S. Tibbetts Jr - Jun 2, 2021 Form 4 Insider Report for Vivint Smart Home, Inc. (VVNT)

Role
Director
Signature
Shawn J. Lindquist, as Attorney-in-Fact
Stock symbol
VVNT
Transactions as of
Jun 2, 2021
Transactions value $
-$33,635
Form type
4
Date filed
6/4/2021, 06:52 PM
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVNT Class A Common Stock Options Exercise +8.39K +99.8% 16.8K Jun 2, 2021 Direct F1
transaction VVNT Class A Common Stock Tax liability -$33.6K -2.43K -14.49% $13.83 14.4K Jun 2, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VVNT Restricted Stock Units Options Exercise $0 -8.39K -100% $0.00* 0 Jun 2, 2021 Class A Common Stock 8.39K Direct F2, F3
transaction VVNT Restricted Stock Units Award $0 +8.68K $0.00 8.68K Jun 2, 2021 Class A Common Stock 8.68K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units that upon vesting converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash.
F3 Reflects restricted stock units that vested on June 2, 2021, the date of the Issuer's first annual stockholders meeting following the date of grant.
F4 Reflects a grant of restricted stock units that vest on the date of the Issuer's first annual stockholders meeting following the date of grant.