Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VZIO | Class A Common Stock | Award | $0 | +334K | +106.12% | $0.00 | 648K | Jun 6, 2024 | Direct | F1, F2 |
Id | Content |
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F1 | On June 5, 2023, the Reporting Person received 203,528 target performance-based restricted stock units (PSUs) subject to both service-based vesting requirements and a performance goal relating to the Issuer's achievement of total stockholder return relative to the Indexed Companies (as defined in the applicable award agreement) during a one-year performance period that began on June 2, 2023. Following certification by the Compensation Committee of the Issuer's Board of Directors on June 6, 2024, the Reporting Person earned 164% of the target award (or 333,786 PSUs) based on performance during the one year period starting June 2, 2023. 25% of the PSUs shall vest on the first trading day on or after June 18 of each year beginning on the first trading day on or after June 18, 2024, subject to the Reporting Person continuing as a service provider through each such date. |
F2 | Certain of these securities are restricted stock units (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. |
Officer Title: Chief Revenue/Strategic Growth Officer