Shefali Shah - May 15, 2021 Form 4 Insider Report for Avaya Holdings Corp. (AVYA)

Role
EVP, CAO and General Counsel
Signature
/s/ Danielle Bagatta, as attorney in fact for Shefali Shah
Stock symbol
AVYA
Transactions as of
May 15, 2021
Transactions value $
-$78,276
Form type
4
Date filed
5/18/2021, 04:39 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVYA Common Stock - Restricted Stock Units Options Exercise $0 -7.76K -8.93% $0.00 79.1K May 15, 2021 Direct F1, F2
transaction AVYA Common Stock, par value $0.01 per share Award $0 +7.76K +6.9% $0.00 120K May 15, 2021 Direct F1, F3
transaction AVYA Common Stock, par value $0.01 per share Tax liability -$78.3K -2.97K -2.47% $26.40* 117K May 15, 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock, par value $0.01 per share, of Avaya Holdings Corp. ("Common Stock"), which vested pursuant to various Restricted Stock Unit (each, an "RSU") awards. These RSUs were previously reported on Table I on a Form 4.
F2 These securities consist of RSUs previously reported on a Form 4 in Table I that have not, as of yet, vested in accordance with their terms. Each RSU represents a contingent right to receive, at vesting, one share of Common Stock.
F3 These securities represent the total number of Common Stock owned, which includes 948 shares purchased pursuant to the Avaya Holdings Corp. 2020 Employee Stock Purchase Plan ("ESPP"). This does not include any fractional shares acquired through the ESPP.
F4 Represents the number of shares of Common Stock withheld by Avaya Holdings Corp. to cover tax withholding obligations in connection with the vesting of RSUs.