David Bywater - 15 Jun 2022 Form 4 Insider Report for Vivint Smart Home, Inc.

Role: Chief Executive Officer, Director
Signature: Garner B. Meads, III, as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 15 Jun 2022
Net transactions value: -$428,011
Form type: 4
Filing time: 17 Jun 2022, 18:22:20 UTC
Previous filing: 25 Mar 2022
Next filing: 03 Mar 2023
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		+235,073	+51%		700,135	15 Jun 2022	Direct	F1
transaction	VVNT	Class A Common Stock	Tax liability	$428,011	-104,139	-15%	$4.11	595,996	15 Jun 2022	Direct	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	VVNT	Restricted Stock Units	Options Exercise	$0	-235,073	-33%	$0.000000	470,143	15 Jun 2022	Class A Common Stock	235,073		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Reflects shares of Class A Common Stock withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units originally granted on June 17, 2021.
F3	On June 17, 2021, the Reporting Person was granted 705,216 restricted stock units that vest in three equal annual installments beginning on June 15, 2022.