4//SEC Filing
Goodwin Ryan 4
Accession 0000849146-20-000010
CIK 0000849146other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:19 PM ET
Size
10.0 KB
Accession
0000849146-20-000010
Insider Transaction Report
Form 4
Lifevantage CorpLFVN
Goodwin Ryan
Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2020-01-01$15.61/sh−790$12,332→ 150,560 total - Exercise/Conversion
Performance Stock Units
2020-01-01−1,047→ 6,293 total→ Common Stock (1,047 underlying) - Exercise/Conversion
Common Stock
2020-01-01+1,047→ 151,350 total
Footnotes (4)
- [F1]On November 15, 2018, the reporting person was granted Performance Stock Units ("PSUs"). The performance units will vest only to the extent the specified financial performance criteria are achieved and subject to the reporting person's continued service with the issuer, as follows: (i) 5/12ths of the earned award vested on the first anniversary of the grant date and (ii) an additional 1/12 of the earned award will vest as of the first day of each calendar quarter thereafter. Each performance unit award represents a right to receive one share of issuer common stock, with the total number of units reflecting the number that are eligible to be earned at target-level performance achievement. Upon achievement of the maximum level of the applicable performance criteria, the reporting person may become eligible to earn 200% of the target number of units. The actual number of shares distributed was 162% of the target number of PSUs.
- [F2]PSUs convert into common stock on a one-for-one basis.
- [F3]These shares were withheld to satisfy tax withholding obligations in connection with the vesting of a PSU award and stock unit award granted to the reporting person on November 15, 2018.
- [F4]The reporting person initially reported the at-target number of PSUs. The applicable performance criteria were achieved at a level that was above target and, accordingly, the reporting person is eligible to earn 162% of the target number of units and the number of PSUs beneficially owned following the reported transaction has been updated to reflect 162% of the target number of units.
Documents
Issuer
Lifevantage Corp
CIK 0000849146
Entity typeother
Related Parties
1- filerCIK 0001661428
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:19 PM ET
- Size
- 10.0 KB