Garner B. Meads III - Dec 2, 2022 Form 4 Insider Report for Vivint Smart Home, Inc. (VVNT)

Role
Title: Chief Legal Officer and Secretary
Signature
/s/ Garner B. Meads, III
Stock symbol
VVNT
Transactions as of
Dec 2, 2022
Transactions value $
-$94,875
Form type
4
Date filed
12/6/2022, 06:16 PM
Previous filing
Sep 2, 2022
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVNT Class A Common Stock Options Exercise +34.5K +110.14% 65.7K Dec 2, 2022 Direct F1
transaction VVNT Class A Common Stock Tax liability -$94.9K -10.1K -15.3% $9.43 55.7K Dec 2, 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 -34.5K -25% $0.00 103K Dec 2, 2022 Class A Common Stock 34.5K 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 December 2, 2021.
F3 On December 2, 2021, the Reporting Person was granted 137,817 restricted stock units that vest in four equal annual installments beginning on December 2, 2022.

Remarks:

Title: Chief Legal Officer and Secretary