Jeffrey R. Herold - Nov 18, 2021 Form 4 Insider Report for BrightView Holdings, Inc. (BV)

Role
COO Maint.;Pres-Evergreen West
Signature
/s/ Jonathan M. Gottsegen, as Attorney-in-Fact
Stock symbol
BV
Transactions as of
Nov 18, 2021
Transactions value $
-$23,253
Form type
4
Date filed
11/22/2021, 05:00 PM
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BV Common Stock Options Exercise +5.28K +2.35% 230K Nov 19, 2021 Direct F1, F2
transaction BV Common Stock Tax liability -$23.3K -1.51K -0.66% $15.43 228K Nov 19, 2021 Direct F2, F3
holding BV Common Stock 147K Nov 18, 2021 by Herold Credit Trust
holding BV Common Stock 119K Nov 18, 2021 by Herold Marital Trust

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 BV Stock Options (Right to Buy) Award $0 +43.4K $0.00 43.4K Nov 18, 2021 Common Stock 43.4K $15.04 Direct F4
transaction BV Restricted Stock Units Award $0 +19.7K $0.00 19.7K Nov 18, 2021 Common Stock 19.7K Direct F5, F6
transaction BV Restricted Stock Units Options Exercise $0 -5.28K -25% $0.00 15.8K Nov 19, 2021 Common Stock 5.28K Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
F2 Includes shares of common stock acquired under the Issuer's employee stock purchase plan and unvested shares of restricted stock. Does not include unvested performance shares which will be reported when earned upon achievement of certain performance criteria.
F3 Represents the number of shares of common stock withheld to pay the related tax liability on restricted stock units that vested on November 19, 2021.
F4 Represents a grant of time-based options that vest in four equal annual installments beginning on November 18, 2022.
F5 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units will be settled in either common stock or cash (or a combination thereof).
F6 Represents a grant of time-based restricted stock units that vest in four equal annual installments beginning on November 18, 2022.
F7 Represents a grant of time-based restricted stock units that vest in four equal annual installments beginning on November 19, 2021.

Remarks:

The Reporting Person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.