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

Role: EVP & CFO
Signature: /s/Michael D. Coppin, under a Power of Attorney
Stock symbol: COMM
Transactions as of: Jul 4, 2022
Transactions value $: -$46,937
Form type: 4
Date filed: 7/6/2022, 04:08 PM
Previous filing: Jun 7, 2022
Next filing: Sep 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COMM	Common Stock	Options Exercise	$0	+24.8K	+11.82%	$0.00	234K	Jul 4, 2022	Direct	F1, F2
transaction	COMM	Common Stock	Tax liability	-$46.9K	-7.85K	-3.35%	$5.98	226K	Jul 4, 2022	Direct	F2, F3

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	-24.8K	-22.22%	$0.00	86.7K	Jul 4, 2022	Common Stock	24.8K	$0.00	Direct	F1, F4

* 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 July 27, 2021, the $20.00 stock price hurdle was achieved and, on July 4, 2022, the continued employment requirement was met, resulting in vesting of 24,760 performance share units.
F2	As previously reported, includes (a) 41,267 restricted stock units that were granted on 01/04/2021 and will vest ratably on 01/04/2023 and 01/04/2024; (b) 17,500 restricted stock units that were granted on 12/01/2021 and will vest ratably on 12/01/2022, 12/01/2023 and 12/01/2024; and (c) 83,400 restricted stock units that were granted on 03/01/2022 and will vest ratably on 06/01/2023, 06/01/2024 and 06/01/2025, each subject to the reporting person's continued employment with the issuer.
F3	Reflects shares withheld to cover taxes incurred upon the vesting of the performance share units.
F4	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.