Ben Bun Wong - Jun 6, 2024 Form 4 Insider Report for Vizio Holding Corp. (VZIO)

Role: President and COO
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, 06:47 PM
Previous filing: May 24, 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	+389K	+11.94%	$0.00	3.65M	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 237,452 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 389,421 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.

Content

On June 5, 2023, the Reporting Person received 237,452 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 389,421 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.

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.