Todd M. Santiago - Sep 1, 2022 Form 4 Insider Report for Vivint Smart Home, Inc. (VVNT)

Role
Chief Revenue Officer
Signature
/s/ Garner B. Meads, III, as Attorney-in-Fact
Stock symbol
VVNT
Transactions as of
Sep 1, 2022
Transactions value $
-$332,793
Form type
4
Date filed
9/2/2022, 05:45 PM
Previous filing
Mar 25, 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 Options Exercise +117K +17.36% 788K Sep 1, 2022 Direct F1
transaction VVNT Class A Common Stock Tax liability -$333K -51.5K -6.54% $6.46 736K Sep 1, 2022 Direct F2
holding VVNT Class A Common Stock 214K Sep 1, 2022 See Footnote F4

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 Options Exercise $0 -117K -25% $0.00 350K Sep 1, 2022 Class A Common Stock 117K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer ("Class A Common Stock"). The restricted stock units will be settled in either Class A Common Stock or cash.
F2 Reflects shares of Class A Common Stock withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units originally granted on August 12, 2021.
F3 On August 12, 2021, the Reporting Person was granted 466,200 restricted stock units that vest in four equal annual installments beginning on September 1, 2022.
F4 Reflects securities held by a trust for the benefit of the Reporting Person's family of which the Reporting Person is a trustee.