Theodore Walker Cheng-De King - Sep 16, 2022 Form 4 Insider Report for Avaya Holdings Corp. (AVYA)

Role
10%+ Owner
Signature
/s/ Theodore Walker Cheng-De King
Stock symbol
AVYA
Transactions as of
Sep 16, 2022
Transactions value $
-$30,005
Form type
4
Date filed
9/19/2022, 04:43 PM
Previous filing
Aug 16, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AVYA Common Stock 13.2M Sep 16, 2022 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 AVYA Put Option (obligation to buy) Sale -$30K -50K -50% $0.60* 50K Sep 16, 2022 Common Stock 5M $1.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are put option contracts written by the Reporting Person which provide that the Reporting Person will be required to purchase shares of Common Stock at the stated strike price if the counterparty exercises such option. Exchange-traded options are immediately exercisable and remain exercisable until expiration.
F2 Price shown equals per share put option premium. Each contract represents 100 shares.