John D. DiLullo - 22 Dec 2023 Form 4 Insider Report for LiveVox Holdings, Inc.

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: N/A
Reported as of: 22 Dec 2023
Net transaction value: -$4,698,513
SEC form: 4
Accepted by SEC: 26 Dec 2023, 16:18:29 UTC
Prior SEC filing: 03 Nov 2023
Next SEC filing: 05 Nov 2024
Source filing: View source filing
Reporting owner signature: S. Gregory Clevenger, by Power of Attorney, for John D. DiLullo

Key filing fact

John D. DiLullo filed Form 4 for LiveVox Holdings, Inc. on 26 Dec 2023.

Key facts

This page summarizes John D. DiLullo's Form 4 filing for LiveVox Holdings, Inc..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 26 Dec 2023, 16:18.

Change

Previous filing in this sequence was filed on 03 Nov 2023.
Current net transaction value: -$4,698,513.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LVOX transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $789,013
Shares: -210,966
Change %: -17%
Price: $3.74
Shares after: 1,045,321
Date: 22 Dec 2023
Ownership: Direct
Footnotes: F1

LVOX transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $3,909,501
Shares: -1,045,321
Change %: -100%
Price: $3.74
Shares after: 0
Date: 22 Dec 2023
Ownership: Direct
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

John D. DiLullo is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated October 3, 2023, by and among the LiveVox Holdings, Inc., a Delaware corporation (the Company), inContact, Inc., a Delaware corporation (Parent), Laser Bridge Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (Merger Subsidiary), and NICE Ltd., a company organized under the laws of the State of Israel (NICE), each share of Class A common stock, par value $0.0001, of the Company (the Company Common Stock) was automatically cancelled, extinguished and converted into the right to receive $3.74, without interest thereon and less any required withholding taxes.

Footnote F2

Pursuant to the Merger Agreement each award of time-based restricted stock units (each, an Unvested RSU) that was outstanding and unvested as of immediately prior to December 22, 2023 (the Effective Time) was cancelled and converted into an award under the NICE share incentive plan of time-vesting restricted stock units with respect to a number of American Depositary Shares of NICE, each representing one share of NICE (the NICE ADSs), equal to the product of (i) the number of shares of Company Common Stock subject to such Unvested RSU and (ii) the Equity Award Exchange Ratio (as defined below), rounded to the nearest whole share (each, a Converted NICE RSU). Each Converted NICE RSU will remain subject to the same terms and conditions (including vesting, acceleration and payment schedule) as applied to the corresponding Company RSU immediately prior to the Effective Time.

Footnote F3

(continued from Footnote 2.) For purposes of the Merger Agreement, the Equity Award Exchange Ratio is defined as the quotient obtained by dividing (i) $3.74 by (ii) the volume-weighted average closing price of NICE ADSs reported on the Nasdaq for the ten full trading days ending on (and including) the trading day immediately preceding the date on which the Effective Time occurs, rounded to the nearest ten-thousandth.