Todd R. Pedersen - Jun 1, 2022 Form 4 Insider Report for Vivint Smart Home, Inc. (VVNT)

Role
Director
Signature
/s/ Garner B. Meads, III, as Attorney-in-Fact
Stock symbol
VVNT
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 06:15 PM
Previous filing
Mar 3, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVNT Class A Common Stock Other +149K +7.64% 2.1M Jun 1, 2022 Direct F1
transaction VVNT Class A Common Stock Award $0 +7.99K +0.38% $0.00 2.11M Jun 1, 2022 Direct F2
holding VVNT Class A Common Stock 13.7M Jun 1, 2022 See footnote F3

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 VVNT Restricted Stock Units Award $0 +20.6K $0.00 20.6K Jun 1, 2022 Class A Common Stock 20.6K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a distribution of shares of Class A common stock of the Issuer ("Class A Common Stock") by 313 Acquisition LLC to the Reporting Person in connection with the redemption of interests in 313 Acquisition LLC by the Reporting Person. No additional consideration was paid or received in connection with the distribution.
F2 Reflects a grant of restricted stock units that vested on the date of grant in connection with the Issuer's annual stockholders meeting and that upon vesting, converted into shares of Class A common Stock on a one-for-one basis.
F3 Shares held by a trust for the benefit of the Reporting Person's family. The Reporting Person disclaims beneficial ownership over the shares held by such trust, except to the extent of his pecuniary interest therein.
F4 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash.
F5 Reflects a grant of restricted stock units that vest on the date of the Issuer's first annual stockholders meeting following the date of grant.