Ben Bun Wong - Aug 17, 2022 Form 4 Insider Report for Vizio Holding Corp. (VZIO)

Signature
/s/ Jerry Huang, under power of attorney
Stock symbol
VZIO
Transactions as of
Aug 17, 2022
Transactions value $
-$91
Form type
4
Date filed
8/18/2022, 04:21 PM
Previous filing
May 24, 2022
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZIO Class A Common Stock Disposed to Issuer -$48 -95.3K -3.3% $0.00* 2.79M Aug 17, 2022 Direct F1, F2

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 Employee Stock Option (Right to buy) Disposed to Issuer -$43 -217K -33.47% $0.00* 431K Aug 17, 2022 Class A Common Stock 217K $8.60 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 95,348 of the 284,884 restricted stock units (RSUs) granted to the Reporting Person on May 22, 2022 were canceled by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $50 as consideration for the cancellation.
F2 Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 216,932 of the 648,152 shares subject to the option granted to the Reporting Person on May 22, 2022 were canceled by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $50 as consideration for the cancellation.
F4 One-fourth of the 431,220 shares subject to the option, following the cancellation of 216,932 shares subject to the option, will vest on May 18, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.