Kyle David Lorentzen - 04 Jan 2022 Form 4 Insider Report for CommScope Holding Company, Inc. (COMM)

Role: EVP & CFO
Signature: /s/Michael D. Coppin, under a Power of Attorney
Issuer symbol: COMM
Transactions as of: 04 Jan 2022
Net transactions value: -$100,820
Form type: 4
Filing time: 07 Jan 2022, 12:17:34 UTC
Previous filing: 03 Dec 2021
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COMM	Common Stock	Options Exercise	$0	+12,380	+12%	$0.000000	116,780	04 Jan 2022	Direct	F1, F2
transaction	COMM	Common Stock	Tax liability	$100,820	-8,669	-7.4%	$11.63	108,111	04 Jan 2022	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	-12,380	-10%	$0.000000	111,420	04 Jan 2022	Common Stock	12,380	$0.000000	Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	On January 4, 2021, the reporting person was granted 123,800 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 01/04/2021 to 01/04/2025. On March 31, 2021, the $15.00 stock price hurdle was achieved and, on January 4, 2022, the continued employment requirement was met, resulting in vesting of 12,380 performance share units.
F2	As previously reported, includes (a) 41,267 restricted stock units that were granted on 01/04/2021 and will vest equally on 01/04/2023 and 01/04/2024, and (b) 17,500 restricted stock units that were granted on 12/01/2021 and will vest in three equal installments on 12/01/2022, 12/02/2023 and 12/01/2024, each 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 01/04/2021 to 01/04/2025.