Aaron Ross - Feb 11, 2022 Form 4 Insider Report for LiveVox Holdings, Inc. (LVOX)

Signature
Aaron Ross
Stock symbol
LVOX
Transactions as of
Feb 11, 2022
Transactions value $
$0
Form type
4
Date filed
2/22/2022, 03:49 PM
Previous filing
Nov 18, 2021
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LVOX Common Stock Award $0 +100K $0.00 100K Feb 11, 2022 Direct F1, F2
transaction LVOX Common Stock Award $0 +100K +100% $0.00 200K Feb 11, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 11/8/22 and 6.25% quarterly thereafter, with full vesting by 11/8/25.
F3 The reported securities are PSUs that are subject to both service and performance vesting. The PSUs will service vest 25% at 11/8/22 and 6.25% quarterly thereafter, with full vesting by 11/8/25. 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 $17.00, respectively.