William Wayne Beard - 05 Jul 2023 Form 4 Insider Report for V2X, Inc. (VVX)

Signature
/s/ Kevin T. Boyle, Attorney-in-Fact
Issuer symbol
VVX
Transactions as of
05 Jul 2023
Net transactions value
-$658,475
Form type
4
Filing time
06 Jul 2023, 16:06:03 UTC
Previous filing
14 Mar 2023
Next filing
08 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVX V2X, Inc. Common Stock Options Exercise +29,314 +152% 48,595 05 Jul 2023 Direct F1
transaction VVX V2X, Inc. Common Stock Tax liability $658,475 -13,441 -28% $48.99 35,154 05 Jul 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 -29,314 -33% $0.000000 58,629 05 Jul 2023 V2X, Inc. Common Stock 29,314 Direct F1, F2
* 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 granted on July 5, 2022 and vest as follows: (a) 1/4 vests on the six-month anniversary of the grant date, (b) 1/4 vests on the one-year anniversary of the grant date, (c) 1/4 vests on the eighteen-month anniversary of the grant date, and (d) 1/4 vests on the two-year anniversary of the grant date.