Andrew Masterman - Nov 22, 2021 Form 4 Insider Report for BrightView Holdings, Inc. (BV)

Role
President & CEO, Director
Signature
/s/ Jonathan M. Gottsegen, as Attorney-in-Fact
Stock symbol
BV
Transactions as of
Nov 22, 2021
Transactions value $
-$92,685
Form type
4
Date filed
11/24/2021, 05:00 PM
Previous filing
Nov 22, 2021
Next filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BV Common Stock Options Exercise +16.9K +3% 579K Nov 22, 2021 Direct F1, F2
transaction BV Common Stock Options Exercise +3.49K +0.6% 582K Nov 22, 2021 Direct F1, F2
transaction BV Common Stock Tax liability -$79K -5.27K -0.9% $15.00 577K Nov 22, 2021 Direct F2, F3
transaction BV Common Stock Tax liability -$13.7K -914 -0.16% $15.00 576K Nov 22, 2021 Direct F2, F3

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 Restricted Stock Units Options Exercise $0 -16.9K -22.22% $0.00 59.1K Nov 22, 2021 Common Stock 16.9K Direct F4, F5
transaction BV Restricted Stock Units Options Exercise $0 -3.49K -100% $0.00* 0 Nov 22, 2021 Common Stock 3.49K Direct F4, F6
* 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 that vested on November 22, 2021.
F4 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).
F5 Represents a grant of time-based restricted stock units that vest as follows: 10% vests on November 22, 2020, 20% vests on November 22, 2021, 30% vests on November 22, 2022 and 40% vests on November 22, 2023.
F6 Represents non-forfeitable time-based restricted stock units granted in lieu of certain cash compensation. These restricted stock units vest in two installments beginning on November 22, 2020.