Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LVOX | Class A Common Stock | Award | $0 | +211K | +18.17% | $0.00 | 1.37M | May 11, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LVOX | Performance Share Units | Award | $0 | +211K | $0.00 | 211K | May 11, 2023 | Common Stock | 211K | Direct | F2, F3 |
Id | Content |
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F1 | The reported securities are restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock of LiveVox Holdings, Inc. 25% of the RSUs vest on May 5, 2024 and the remaining shares vest in 12 equal quarterly installments beginning on August 5, 2024. |
F2 | The reported securities are performance share units ("PSUs"), each of which represents a contingent right to receive one share of Common Stock of LiveVox Holdings, Inc. |
F3 | The PSUs are subject to both time-based and performance vesting, as follows: (i) time-based vesting as to 25% of the PSUs vest on May 5, 2024 and the remaining shares vest in 12 equal quarterly installments beginning August 5,2024 and (ii) a performance-based vesting threshold of $4.42 per share (the "VWAP Hurdle"), with the PSUs becoming performance-vested if, for any 20 trading days out of 30 consecutive trading days beginning on or after the date of grant, the volume-weighted average price per share over such period is greater than the VWAP Hurdle. |