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

Role: Chief Executive Officer, Director
Signature: Garner B. Meads, III, as Attorney-in-Fact
Stock symbol: VVNT
Transactions as of: Jun 15, 2022
Transactions value $: -$428,011
Form type: 4
Date filed: 6/17/2022, 06:22 PM
Previous filing: Mar 25, 2022
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VVNT	Class A Common Stock	Options Exercise		+235K	+50.55%		700K	Jun 15, 2022	Direct	F1
transaction	VVNT	Class A Common Stock	Tax liability	-$428K	-104K	-14.87%	$4.11	596K	Jun 15, 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	-235K	-33.33%	$0.00	470K	Jun 15, 2022	Class A Common Stock	235K		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.