Stephen Spears - Feb 15, 2022 Form 4 Insider Report for Avaya Holdings Corp. (AVYA)

Role
EVP and Chief Revenue Officer
Signature
/s/ Danielle Bagatta, as attorney in fact for Stephen Spears
Stock symbol
AVYA
Transactions as of
Feb 15, 2022
Transactions value $
-$90,098
Form type
4
Date filed
2/16/2022, 04:22 PM
Previous filing
Dec 10, 2021
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVYA Common Stock - Restricted Stock Units Options Exercise $0 -20K -10.56% $0.00 169K Feb 15, 2022 Direct F1, F2
transaction AVYA Common Stock, par value $0.01 per share Award $0 +20K +51.52% $0.00 58.7K Feb 15, 2022 Direct F1
transaction AVYA Common Stock, par value $0.01 per share Tax liability -$90.1K -6.34K -10.8% $14.22* 52.4K Feb 15, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock, par value $0.01 per share, of Avaya Holdings Corp. ("Common Stock"), which vested pursuant to various Restricted Stock Unit (each, an "RSU") awards. These RSUs were previously reported on Table I on a Form 4.
F2 Consists of RSUs previously reported on a Form 4 in Table I that have not, as of yet, vested in accordance with their terms. Each RSU represents a contingent right to receive, at vesting, one share of Common Stock.
F3 Represents the number of shares of Common Stock withheld by Avaya Holdings Corp. to cover tax withholding obligations in connection with the vesting of RSUs.