Charles Prow - 10 Mar 2023 Form 4 Insider Report for V2X, Inc. (VVX)

Role
President and CEO, Director
Signature
/s/ Kevin T. Boyle, Attorney-in-Fact
Issuer symbol
VVX
Transactions as of
10 Mar 2023
Transactions value $
-$211,548
Form type
4
Date filed
14 Mar 2023, 16:13
Previous filing
07 Mar 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVX V2X, Inc. Common Stock Options Exercise +11.5K +16.01% 83.6K 10 Mar 2023 Direct F1
transaction VVX V2X, Inc. Common Stock Tax liability -$212K -5.29K -6.33% $39.96 78.3K 10 Mar 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 VVX Restricted Stock Units Options Exercise $0 -11.5K -33.34% $0.00 23.1K 10 Mar 2023 V2X, Inc. Common Stock 11.5K Direct F1, F2
transaction VVX Restricted Stock Units Award $0 +44.4K $0.00 44.4K 10 Mar 2023 V2X, Inc. Common Stock 44.4K Direct F1, F3
transaction VVX Performance Stock Units Award $0 +51.3K $0.00 51.3K 10 Mar 2023 V2X, Inc. Common Stock 51.3K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") convert to V2X, Inc. common stock on a one-for-one basis.
F2 These RSUs were previously awarded on March 10, 2022, and vest in three equal annual installments beginning on March 10, 2023.
F3 The awarded RSUs will vest in three equal annual installments beginning on March 10, 2024.
F4 These performance stock units ("PSUs") convert to V2X, Inc. common stock on a one-for-one basis.
F5 Up to 80% of the target amount of PSUs reported herein will vest upon the achievement of certain stock price conditions during the performance period ending on December 31, 2025. In addition, 100% of such target amount will vest upon achievement of such stock price and other performance conditions during such period.