4//SEC Filing
Goodwin Ryan 4
Accession 0000849146-20-000062
CIK 0000849146other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 10:47 AM ET
Size
9.8 KB
Accession
0000849146-20-000062
Insider Transaction Report
Form 4
Lifevantage CorpLFVN
Goodwin Ryan
Chief Marketing Officer
Transactions
- Exercise/Conversion
Performance Stock Units
2020-04-01−1,047→ 5,246 total→ Common Stock (1,047 underlying) - Exercise/Conversion
Common Stock
2020-04-01+1,047→ 145,965 total - Tax Payment
Common Stock
2020-04-01$10.25/sh−701$7,185→ 145,264 total
Footnotes (4)
- [F1]On November 15, 2018 the reporting person was granted PSUs which 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) 5/12 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 on the first day of each calendar quarter thereafter. The reporting person initially reported the number of shares that were eligible to be earned at target-level performance achievement. The performance criteria were achieved at a level above target; accordingly, the reporting person is eligible to earn 162% of the target number of units. The actual number of shares that vested on the reported transaction date was 162% of the at-target number of shares subject to vesting on that date and the number of PSUs beneficially owned following the reported transaction has been updated to reflect 162% of the target number of units.
- [F2]Performance Stock Units ("PSUs") convert into common stock on a one-for-one basis.
- [F3]Includes 1,053 shares purchased under the Employee Stock Purchase Plan on February 28, 2020.
- [F4]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.
Documents
Issuer
Lifevantage Corp
CIK 0000849146
Entity typeother
Related Parties
1- filerCIK 0001661428
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 10:47 AM ET
- Size
- 9.8 KB