Ben Bun Wong - May 28, 2021 Form 4 Insider Report for Vizio Holding Corp. (VZIO)

Signature
/s/ Scott Becker, under power of attorney
Stock symbol
VZIO
Transactions as of
May 28, 2021
Transactions value $
-$13,964,256
Form type
4
Date filed
6/2/2021, 06:16 PM
Previous filing
May 12, 2021
Next filing
Jul 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VZIO Class A Common Stock Tax liability -$14M -639K -11.68% $21.84 4.83M May 28, 2021 Direct F1, F2

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 VZIO Employee Stock Option (Right to buy) Award $0 +127K $0.00 127K May 28, 2021 Class A Common Stock 127K $21.84 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of restricted stock units (RSUs).
F2 Certain of these securities are 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.
F3 One-fourth of the shares subject to the option shall vest on May 28, 2022 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.