Ravi Acharya - Mar 2, 2023 Form 4 Insider Report for National Vision Holdings, Inc. (EYE)

Role: SVP, Chief Technology Officer
Signature: /s/ Jared Brandman, as Attorney-in-Fact
Stock symbol: EYE
Transactions as of: Mar 2, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/6/2023, 03:55 PM
Previous filing: Jan 6, 2023
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EYE	Common Stock	Options Exercise	$0	+2.08K	+149.07%	$0.00	3.47K	Mar 2, 2023	Direct	F1
transaction	EYE	Common Stock	Tax liability		-626	-18.03%		2.85K	Mar 2, 2023	Direct	F2
transaction	EYE	Common Stock	Options Exercise	$0	+5.82K	+204.36%	$0.00	8.66K	Mar 2, 2023	Direct	F3, F4
transaction	EYE	Common Stock	Tax liability	$0	-1.84K	-21.27%	$0.00	6.82K	Mar 2, 2023	Direct	F5

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	EYE	Restricted Stock Units	Options Exercise	$0	-2.08K	-24.71%	$0.00	6.33K	Mar 2, 2023	Common Stock	2.08K		Direct	F1, F6

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of NVHI common stock.
F2	On March 2, 2023, 2,078 restricted stock units vested and 626 shares of the Company's common stock were withheld to satisfy tax withholding obligations. The closing price on March 2, 2023 of the Company's common stock on NASDAQ was $22.88 per share.
F3	Represents shares earned by the reporting person pursuant to certain performance restricted stock units (the "PSUs"), which were granted to the reporting person on February 28, 2020. The PSUs were earned based on the attainment of certain performance metrics, which performance metrics were certified by the Compensation Committee of the Board of Directors of the Company on March 2, 2023.
F4	Each performance restricted stock unit represents a right to receive one share of NVHI common stock.
F5	On March 2, 2023, 5,816 PSUs vested and 1,842 shares of the Company's common stock were withheld to satisfy tax withholding obligations. The closing price on March 2, 2023 of the Company's common stock on NASDAQ was $22.88 per share.
F6	On March 2, 2022, the reporting person was granted 6,234 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.