Adam R. Townsend - May 22, 2022 Form 4 Insider Report for Vizio Holding Corp. (VZIO)

Role
Chief Financial Officer
Signature
/s/ Jerry Huang, under power of attorney
Stock symbol
VZIO
Transactions as of
May 22, 2022
Transactions value $
-$392,285
Form type
4
Date filed
5/24/2022, 09:23 PM
Previous filing
Jun 2, 2021
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZIO Class A Common Stock Award $0 +201K +47.35% $0.00 624K May 22, 2022 Direct F1
transaction VZIO Class A Common Stock Sale -$392K -46.3K -7.41% $8.48 578K May 22, 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 VZIO Employee Stock Option (Right to buy) Award $0 +456K $0.00 456K May 22, 2022 Class A Common Stock 456K $8.60 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs will vest on May 18, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of RSUs.
F3 One-fourth of the shares subject to the option will vest on May 18, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Remarks:

Officer title: Chief Revenue Officer, Platform +