John D. DiLullo - May 11, 2023 Form 4 Insider Report for LiveVox Holdings, Inc. (LVOX)

Signature
S. Gregory Clevenger, by Power of Attorney, for John D. DiLullo
Stock symbol
LVOX
Transactions as of
May 11, 2023
Transactions value $
$0
Form type
4
Date filed
5/12/2023, 07:53 PM
Previous filing
Dec 1, 2022
Next filing
Nov 3, 2023

Transactions Table

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

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 LVOX Performance Share Units Award $0 +211K $0.00 211K May 11, 2023 Common Stock 211K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.