Dale A. Asplund - 01 Oct 2023 Form 4 Insider Report for BrightView Holdings, Inc. (BV)

Signature
/s/ Jonathan M. Gottsegen, as Attorney-In-Fact
Issuer symbol
BV
Transactions as of
01 Oct 2023
Net transactions value
$0
Form type
4
Filing time
03 Oct 2023, 17:02:53 UTC
Previous filing
01 Sep 2023
Next filing
21 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BV Common Stock 667,820 01 Oct 2023 Direct

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 BV Restricted Stock Units Award $0 +917,820 $0.000000 917,820 01 Oct 2023 Common Stock 917,820 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units will be settled in either common stock or cash (or a combination thereof).
F2 Represents (i) an award of 250,000 restricted stock units issued to the Reporting Person as an inducement award in connection with his appointment as President and CEO and (ii) an award of 667,820 restricted stock units issued to the Reporting Person to match the Reporting Person's acquisition of 667,820 shares of Company's common stock following the announcement of his appointment as President and CEO in each case pursuant to the Reporting Person's employment letter agreement with the Issuer, dated August 27, 2023.
F3 Represents a grant of time-based restricted stock units that vest in four equal annual installments beginning on October 1, 2024.