Paul Galant - 02 Jun 2021 Form 4 Insider Report for Vivint Smart Home, Inc.

Role
Director
Signature
Shawn J. Lindquist, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
02 Jun 2021
Net transactions value
-$25,516
Form type
4
Filing time
04 Jun 2021, 18:56:36 UTC
Next filing
25 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVNT Class A Common Stock Options Exercise +8,385 +100% 16,787 02 Jun 2021 Direct F1
transaction VVNT Class A Common Stock Tax liability $25,516 -1,845 -11% $13.83 14,942 02 Jun 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 -8,385 -100% $0.000000* 0 02 Jun 2021 Class A Common Stock 8,385 Direct F2, F3
transaction VVNT Restricted Stock Units Award $0 +8,676 $0.000000 8,676 02 Jun 2021 Class A Common Stock 8,676 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.