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

Signature
Aaron Ross
Issuer symbol
N/A
Transactions as of
11 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Feb 2022, 15:49:04 UTC
Previous filing
18 Nov 2021
Next filing
09 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LVOX Common Stock Award $0 +100,000 $0.000000 100,000 11 Feb 2022 Direct F1, F2
transaction LVOX Common Stock Award $0 +100,000 +100% $0.000000 200,000 11 Feb 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.