Susan Louise Spradley - Mar 2, 2022 Form 4 Insider Report for Avaya Holdings Corp. (AVYA)

Role
Director
Signature
/s/ Danielle Bagatta, as attorney in fact for Susan L. Spradley
Stock symbol
AVYA
Transactions as of
Mar 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 03:20 PM
Previous filing
Sep 13, 2021
Next filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVYA Common Stock - Restricted Stock Units Award $0 +18.3K +41.62% $0.00 62.4K Mar 2, 2022 Direct F1, F2, F3
holding AVYA Common Stock, par value $0.01 per share 4.04K Mar 2, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (each, an "RSU") represents a contingent right to receive, at vesting, one share of common stock, par value $0.01 per share, of Avaya Holdings Corp. ("Common Stock"). These RSUs were granted on March 2, 2022 pursuant to the Avaya Holdings Corp. 2019 Equity Incentive Plan (as amended, the "EIP").
F2 These RSUs vested in full on the grant date. Distribution of this Common Stock will be deferred until the earliest to occur of: (x) March 2, 2025, (y) the recipient's separation of service from the registrant and (z) a "change in control" of the registrant, as defined in the EIP.
F3 These Common Stock-RSUs consist of (i) the 18,328 RSUs reported on this form (the "New RSUs") and (ii) other RSUs previously reported on a Form 4 in Table I, whose terms are substantially similar to the New RSUs.