David Bourdon - Nov 10, 2022 Form 4 Insider Report for LifeStance Health Group, Inc. (LFST)

Signature
By: /s/ Ryan Pardo, Attorney-in-Fact
Stock symbol
LFST
Transactions as of
Nov 10, 2022
Transactions value $
-$426,208
Form type
4
Date filed
11/14/2022, 04:35 PM
Previous filing
Jan 4, 2022
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFST Common Stock Award $0 +181K $0.00 181K Nov 10, 2022 Direct
transaction LFST Common Stock Tax liability -$426K -77.1K -42.62% $5.53 104K Nov 10, 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 LFST Stock Option (right to buy) Award $0 +1.25M $0.00 1.25M Nov 10, 2022 Common Stock 1.25M $5.53 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted by the Issuer pursuant to the LifeStance Health Group, Inc. 2021 Equity Incentive Plan.
F2 Includes an option to purchase 416,666 shares of the Issuer's common stock, subject to time-based vesting (the "Time-Vesting Option"). The Time-Vesting Option vests as to 25% on each of the first four anniversaries of the vesting commencement date, November 10, 2022. Includes an option to purchase 833,334 shares of the Issuer's common stock, subject to time- and performance-based vesting (the "Performance-Vesting Option"). The Performance-Vesting Option vests as to up to 25% on each of the first four anniversaries of the vesting commencement date, November 10, 2022. Following each anniversary of the vesting commencement date, any portion of the Performance-Vesting Option eligible to vest as of such measurement date that did not vest pursuant to the performance-based vesting criteria will be eligible to vest on a quarterly basis thereafter, subject to the same performance-based vesting criteria.