William Wei Wang - Jun 6, 2024 Form 4 Insider Report for Vizio Holding Corp. (VZIO)

Signature
/s/ Jerry Huang, under power of attorney
Stock symbol
VZIO
Transactions as of
Jun 6, 2024
Transactions value $
$0
Form type
4
Date filed
6/10/2024, 06:45 PM
Previous filing
Jun 3, 2024
Next filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZIO Class A Common Stock Award $0 +862K +56.36% $0.00 2.39M Jun 6, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 5, 2023, the Reporting Person received 525,784 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 862,286 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.