David Bywater - Mar 1, 2022 Form 4 Insider Report for Vivint Smart Home, Inc. (VVNT)

Role
Chief Executive Officer, Director
Signature
/s/ Dale R. Gerard, as Attorney-in-Fact
Stock symbol
VVNT
Transactions as of
Mar 1, 2022
Transactions value $
-$1,152,726
Form type
4
Date filed
3/3/2022, 08:57 PM
Previous filing
Jun 22, 2021
Next filing
Mar 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVNT Class A Common Stock Award +346K +127.06% 618K Mar 1, 2022 Direct F1, F2
transaction VVNT Class A Common Stock Tax liability -$1.15M -153K -24.79% $7.52 465K Mar 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects performance-based restricted stock units previously granted to the Reporting Person, the performance of which was certified on March 1, 2022.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer ("Class A Common Stock"). The restricted stock units will be settled in either Class A Common Stock or cash.
F3 Reflects shares of Class A Common Stock withheld to cover the Reporting Person's tax liability in connection with the vesting and settlement of the performance-based restricted stock units described herein.