Louis E. Summe - Aug 18, 2021 Form 4 Insider Report for LiveVox Holdings, Inc. (LVOX)

Role
Chief Executive Officer
Signature
S. Gregory Clevenger, by Power of Attorney, for Louis E. Summe
Stock symbol
LVOX
Transactions as of
Aug 18, 2021
Transactions value $
$0
Form type
4
Date filed
8/20/2021, 04:25 PM
Previous filing
Oct 28, 2021
Next filing
Nov 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LVOX Common Stock Award $0 +195K +7.7% $0.00 2.73M Aug 18, 2021 Direct F1, F2
transaction LVOX Common Stock Award $0 +585K +21.46% $0.00 3.31M Aug 18, 2021 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 ("RSU") and performance stock unit ("PSU") represents a contingent right to receive one share of Common Stock of LiveVox Holdings, Inc.
F2 The reported securities are RSUs subject to service vesting, and will cliff vest 100% on 6/21/27.
F3 The reported securities are PSUs that are subject to both service and performance vesting. The PSUs will service vest 100% on 6/21/27. In addition, the PSUs are divided into three equal performance tranches with performance vesting to occur if, for any 20 trading days out of 30 consecutive trading days beginning after the grant date, the per share volume-weighted average price (the "VWAP") over such period is greater than the applicable VWAP hurdle. The VWAP hurdles are $12.50, $15.00 and $17.50, respectively.