Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LVOX | Common Stock | Award | $0 | +100K | +10.36% | $0.00 | 1.06M | Aug 18, 2021 | Direct | F1, F2 |
transaction | LVOX | Common Stock | Award | $0 | +100K | +9.39% | $0.00 | 1.16M | Aug 18, 2021 | Direct | F1, F3 |
Id | Content |
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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. |