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

Signature
/s/ Garner B. Meads, III, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
17 Jan 2023
Net transactions value
-$380,130
Form type
4
Filing time
19 Jan 2023, 17:00:22 UTC
Previous filing
02 Sep 2022
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVNT Class A Common Stock Options Exercise +99,085 +13% 835,466 17 Jan 2023 Direct F1
transaction VVNT Class A Common Stock Tax liability $380,130 -31,810 -3.8% $11.95 803,656 17 Jan 2023 Direct F2
holding VVNT Class A Common Stock 213,985 17 Jan 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 -99,085 -50% $0.000000 99,085 17 Jan 2023 Class A Common Stock 99,085 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.