Todd M. Santiago - Jan 17, 2023 Form 4 Insider Report for Vivint Smart Home, Inc. (VVNT)

Role: Chief Revenue Officer
Signature: /s/ Garner B. Meads, III, as Attorney-in-Fact
Stock symbol: VVNT
Transactions as of: Jan 17, 2023
Transactions value $: -$380,130
Form type: 4
Date filed: 1/19/2023, 05:00 PM
Previous filing: Sep 2, 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		+99.1K	+13.46%		835K	Jan 17, 2023	Direct	F1
transaction	VVNT	Class A Common Stock	Tax liability	-$380K	-31.8K	-3.81%	$11.95	804K	Jan 17, 2023	Direct	F2
holding	VVNT	Class A Common Stock						214K	Jan 17, 2023	See Footnote	F4

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	-99.1K	-50%	$0.00	99.1K	Jan 17, 2023	Class A Common Stock	99.1K		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.
F3	On March 24, 2020, the Reporting Person was granted 396,341 restricted stock units that vest in four equal annual installments beginning on January 17, 2021.
F4	Reflects securities held by a trust for the benefit of the Reporting Person's family of which the Reporting Person is a trustee.