Kenneth W. Shreves - Mar 10, 2023 Form 4 Insider Report for V2X, Inc. (VVX)

Role
SVP, Global Mission & Training
Signature
/s/ Kevin T. Boyle, Attorney-in-Fact
Stock symbol
VVX
Transactions as of
Mar 10, 2023
Transactions value $
-$17,622
Form type
4
Date filed
3/14/2023, 04:19 PM
Previous filing
Mar 7, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVX V2X, Inc. Common Stock Options Exercise +1.5K +19.77% 9.09K Mar 10, 2023 Direct F1, F2
transaction VVX V2X, Inc. Common Stock Tax liability -$17.6K -441 -4.85% $39.96 8.65K Mar 10, 2023 Direct

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 VVX Restricted Stock Units Options Exercise $0 -1.5K -33.33% $0.00 3K Mar 10, 2023 V2X, Inc. Common Stock 1.5K Direct F1, F3
transaction VVX Restricted Stock Units Award $0 +6.98K $0.00 6.98K Mar 10, 2023 V2X, Inc. Common Stock 6.98K Direct F1, F4
transaction VVX Performance Stock Units Award $0 +6.67K $0.00 6.67K Mar 10, 2023 V2X, Inc. Common Stock 6.67K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") convert to V2X, Inc. common stock on a one-for-one basis.
F2 Reflects an adjustment to account for the Form 4/A filed by the reporting person on May 27, 2022.
F3 These RSUs were previously awarded on March 10, 2022, and vest in three equal annual installments beginning on March 10, 2023.
F4 The awarded RSUs will vest in three equal annual installments beginning on March 10, 2024.
F5 These performance stock units ("PSUs") convert to V2X, Inc. common stock on a one-for-one basis.
F6 Up to 80% of the target amount of PSUs reported herein will vest upon the achievement of certain stock price conditions during the performance period ending on December 31, 2025. In addition, 100% of such target amount will vest upon achievement of such stock price and other performance conditions during such period.