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

Role
General Counsel
Signature
S. Gregory Clevenger, by Power of Attorney for Mark E. Mallah
Stock symbol
LVOX
Transactions as of
Aug 18, 2021
Transactions value $
$0
Form type
4
Date filed
8/20/2021, 04:27 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 +50K +62.37% $0.00 130K Aug 18, 2021 Direct F1, F2
transaction LVOX Common Stock Award $0 +50K +38.41% $0.00 180K 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, 25% at 6/21/22 and 6.25% quarterly thereafter, with full vesting by 6/21/25.
F3 The reported securities are PSUs that are subject to both service and performance vesting. The PSUs will service vest 25% at 6/21/22 and 6.25% quarterly thereafter, with full vesting by 6/21/25. 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") is greater than the applicable VWAP hurdle. The VWAP hurdles for the first, second and third performance tranches are $12.50, $15.00 and $17.50, respectively.