William Wayne Beard - 05 Jul 2022 Form 4 Insider Report for V2X, Inc. (VVX)

Reporting relationship: General Manager, Aerospace
Issuer ticker: VVX
Reported as of: 05 Jul 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Jul 2022, 20:58:44 UTC
Next SEC filing: 06 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Kevin T. Boyle, Attorney-in-Fact

Key filing fact

William Wayne Beard filed Form 4 for V2X, Inc. (VVX) on 07 Jul 2022.

Key facts

This page summarizes William Wayne Beard's Form 4 filing for V2X, Inc. (VVX).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 07 Jul 2022, 20:58.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VVX transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +117,258
Change %
Price
Shares after: 117,258
Date: 05 Jul 2022
Ownership: Direct
Underlying class: V2X, Inc. Common Stock
Underlying amount: 117,258
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

These restricted stock units ("RSUs") convert to V2X, Inc. (formerly known as Vectrus, Inc., the "Issuer") common stock on a one-for-one basis.

Footnote F2

Reflects RSUs granted by the Issuer pursuant to the terms of the Agreement and Plan of Merger, dated as of March 7, 2022 (the "Merger Agreement"), entered into by and among Vectrus, Inc., Vertex Aerospace Services Holding Corp., ("Vertex") and other parties thereto. Pursuant to the terms of the Merger Agreement, Vectrus, Inc. (which subsequently changed its name to V2X, Inc.) acquired Vertex (the "Merger") and Vertex stock options held by the reporting person were replaced by these RSUs. The Merger closed on July 5, 2022.

Footnote F3

The awarded RSUs will vest as follows: (a) 1/4 will vest on the six-month anniversary of the grant date, (b) 1/4 will vest on the one-year anniversary of the grant date, (c) 1/4 will vest on the eighteen-month anniversary of the grant date, and (d) 1/4 will vest on the two-year anniversary of the grant date.