John M. Mellor - Apr 22, 2022 Form 4 Insider Report for DOMO, INC. (DOMO)

Role
CEO
Signature
/s/ Daniel Stevenson, attorney-in-fact
Stock symbol
DOMO
Transactions as of
Apr 22, 2022
Transactions value $
$0
Form type
4
Date filed
4/26/2022, 04:12 PM
Previous filing
Mar 23, 2022
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOMO Class B Common Stock Award $0 +167K +114.16% $0.00 314K Apr 22, 2022 Direct F1
transaction DOMO Class B Common Stock Award $0 +71.7K +22.85% $0.00 385K Apr 22, 2022 Direct F1, F2
holding DOMO Class B Common Stock 34.1K Apr 22, 2022 The Mellor Generations Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock of the Issuer, subject to the applicable vesting schedule. In the event the Reporting Person ceases to be a Service Provider, the unvested RSUs will be cancelled by the Issuer.
F2 In addition to time- and service-based vesting requirements, 1/3 of the RSUs will vest upon the Issuer's Class B common stock achieving a 30-day volume-weighted average price ("Company VWAP") of $60/share, 1/3 of the RSUs will vest upon the Issuer's Class B common stock achieving a Company VWAP of $70/share and 1/3 of the RSUs will vest upon the Issuer's Class B common stock achieving a Company VWAP of $90/share.