John R. Carlson - Dec 1, 2021 Form 4 Insider Report for CommScope Holding Company, Inc. (COMM)

Role: SVP & Chief Commercial Officer
Signature: /s/Michael D. Coppin, under a Power of Attorney
Stock symbol: COMM
Transactions as of: Dec 1, 2021
Transactions value $: -$128,815
Form type: 4
Date filed: 12/3/2021, 03:29 PM
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COMM	Common Stock	Options Exercise	$0	+16K	+20%	$0.00	96K	Dec 1, 2021	Direct	F1, F2
transaction	COMM	Common Stock	Tax liability	-$129K	-12.8K	-13.38%	$10.03	83.2K	Dec 1, 2021	Direct	F2

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	COMM	Performance Share Units	Options Exercise	$0	-16K	-10%	$0.00	144K	Dec 1, 2021	Common Stock	16K	$0.00	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 1, 2020, the reporting person was granted 160,000 performance share units, which vest upon the achievement of certain hurdles relating to the issuer's stock price ranging from a low of $15 to a high of $40, and the reporting person's continued employment with the issuer, over the four-year period from 12/01/2020 to 12/01/2024. On March 31, 2021, the $15.00 stock price hurdle was achieved and, on December 1, 2021, the continued employment requirement was met, resulting in vesting of 16,000 performance share units.
F2	As previously reported, includes 53,334 restricted stock units that were granted on 12/01/2020 and will vest in equal installments on 12/01/2022 and 12/01/2023, subject to the reporting person's continued employment with the issuer.
F3	Each performance share unit reflects the right to receive one share of common stock. The performance share units vest upon the achievement of certain hurdles relating to the issuer's stock price ranging from a low of $15 to a high of $40, and the reporting person's continued employment with the issuer, over the four-year period from 12/01/2020 to 12/01/2024.