V-TW Holdings, LLC - Sep 1, 2021 Form 4 Insider Report for Vizio Holding Corp. (VZIO)

Role: 10%+ Owner
Signature: /s/ Mark Dickey, Secretary, V-TW Holdings LLC
Stock symbol: VZIO
Transactions as of: Sep 1, 2021
Transactions value $: -$1,554,853
Form type: 4
Date filed: 9/2/2021, 03:04 PM
Previous filing: Sep 1, 2021
Next filing: Sep 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VZIO	Class A Common Stock, par value $0.0001 per share	Sale	-$1.55M	-75K	-0.62%	$20.73	12.1M	Sep 1, 2021	Direct	F1, F2, F3

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	VZIO	CALL OPTIONS	Sale	-$306	-611	-30.22%	$0.50^*	1.41K	Sep 1, 2021	Common Stock	61.1K	$22.50	Direct	F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $20.40 to $21.02. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	All of the reported shares are directly owned by V-TW Holdings, LLC ("V-TW"), of which Avalon Capital Group II, LLC ("ACGII") is the manager. Theodore W. Waitt ("Mr. Waitt") is trustee of a trust that is the majority member of V-TW and holds voting and dispositive control over ACGII. ACGII and Mr. Waitt could both be deemed to share indirect beneficial ownership of the shares reported herein.
F3	ACGII and Mr. Waitt disclaim beneficial ownership of the securities reported herein except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
F4	The option contracts were sold in multiple transactions. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of contracts sold in each transaction.
F5	All of the reported option contracts were written by V-TW Holdings, LLC ("V-TW"), of which Avalon Capital Group II, LLC ("ACGII") is the manager. Theodore W. Waitt ("Mr. Waitt") is trustee of a trust that is the majority member of V-TW and holds voting and dispositive control over ACGII. ACGII and Mr. Waitt could both be deemed to share indirect beneficial ownership of the option contracts reported herein.
F6	ACGII and Mr. Waitt disclaim beneficial ownership of the securities reported herein except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.