Key facts
- This page summarizes Kyle David Lorentzen's Form 4 filing for CommScope Holding Company, Inc. (COMM).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Jul 2022, 16:08.
Kyle David Lorentzen - 04 Jul 2022 Form 4 Insider Report for CommScope Holding Company, Inc. (COMM)
- Reporting relationship
- EVP & CFO
- Issuer ticker
- COMM
- Reported as of
- 04 Jul 2022
- Net transaction value
- -$46,937
- SEC form
- 4
- Accepted by SEC
- 06 Jul 2022, 16:08:20 UTC
- Prior SEC filing
- 07 Jun 2022
- Next SEC filing
- 01 Sep 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/Michael D. Coppin, under a Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kyle David Lorentzen filed Form 4 for CommScope Holding Company, Inc. (COMM) on 06 Jul 2022.
Change
- Previous filing in this sequence was filed on 07 Jun 2022.
- Current net transaction value: -$46,937.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
COMM
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +24,760
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 234,158
- Date
- 04 Jul 2022
- Ownership
- Direct
- Footnotes
- F1, F2
COMM
transaction
Common Stock
Tax liability
- Transaction value
- $46,937
- Shares
- -7,849
- Change %
- -3.4%
- Price
- $5.98
- Shares after
- 226,309
- Date
- 04 Jul 2022
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
COMM
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -24,760
- Change %
- -22%
- Price
- $0.000000
- Shares after
- 86,660
- Date
- 04 Jul 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 24,760
- Exercise price
- $0.000000
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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.
Footnote 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.
Footnote F3
Reflects shares withheld to cover taxes incurred upon the vesting of the performance share units.
Footnote 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.