CFI Sponsor LLC - Jun 18, 2021 Form 4 Insider Report for LiveVox Holdings, Inc. (LVOX)

Role
Director
Signature
/s/ George P. Hawley, as attorney-in-fact for CFI Sponsor LLC
Stock symbol
LVOX
Transactions as of
Jun 18, 2021
Transactions value $
$0
Form type
4
Date filed
6/22/2021, 04:01 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LVOX Class A common stock Conversion of derivative security +3.25M 3.25M Jun 18, 2021 Direct F1, F2
transaction LVOX Class A common stock Disposed to Issuer -2.49M -76.54% 763K Jun 18, 2021 Direct F1, F2

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 LVOX Class F common stock Disposed to Issuer -2.93M -47.37% 3.25M Jun 18, 2021 Class A common stock 2.93M Direct F1, F2
transaction LVOX Class F common stock Conversion of derivative security -3.25M -100% 0 Jun 18, 2021 Class A common stock 3.25M Direct F1, F2
transaction LVOX Lock-up Shares Award +2.49M 2.49M Jun 18, 2021 Class A common stock 2.49M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 CFI Sponsor LLC is the record holder of the shares reported herein. CCGH Legacy Assets, LLC, Beyer Family Interests LLC and TSJD Family LLC are managing members of CFI Sponsor LLC. CCGH Legacy Assets, LLC delegated any of its voting and investment power over the issuer's securities to Mark Attanasio and Jean-Marc Chapus. Robert B. Beyer is a managing member of Beyer Family Interests LLC. Todd M. Purdy is a managing member of TSJD Family LLC. As such, each of Beyer Family Interests LLC, TSJD Fmaily LLC and Messrs. Attanasio, Chapus, Beyer and Purdy may be deemed to have or share beneficial ownership of the shares held directly by CFI Sponsor LLC. Each of the foregoing disclaims beneficial ownership of the shares held by CFI Sponsor LLC, except to the extent of respective pecuniary interest therein.
F2 On June 18, 2021, the issuer consummated its initial business combination (the "Business Combination"). In connection with and at the time of the closing of the Businsess Combination, (i) each share of Class F common stock of the issuer automatically converted into one share of Class A common stock, (ii) CFI Sponsor LLC forfeited 2,925,000 of such shares, and (iii) CFI Sponsor LLC placed 2,487,500 of such shares into escrow with 725,000, 781,250 and 981,250 of such shares to be released if the volume weighted average share price of the issuer's Class A common stock equals or exceeds $12.50, $15.00 and $17.50, respectively, per share for 20 of any 30 consecutive trading days, and any such shares not released from escrow by the 7th anniversary of the closing of the Business Combination will be forfeited and canceled.

Remarks:

Pursant to a Stockholders Agreement, CFI Sponsor LLC has the right to nominate two director to the issuer's board of directors, one until each of the 2023 and 2024 annual meetings of the stockholders. Todd M. Purdy and Robert D. Beyer are the two directors nominated pursuant to such right. As a result, CFI Sponsor LLC may be deemed a director by deputization with respect to the issuer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.