Townsend Adam R. 4
4 · Vizio Holding Corp. · Filed Aug 18, 2022
Insider Transaction Report
Form 4
Townsend Adam R.
Chief Financial Officer
Transactions
- Disposition to Issuer
Class A Common Stock
2022-08-17$0.00/sh−67,444$47→ 510,486 total - Disposition to Issuer
Employee Stock Option (Right to buy)
2022-08-17$0.00/sh−153,440$46→ 302,912 totalExercise: $8.60Exp: 2032-05-22→ Class A Common Stock (153,440 underlying)
Footnotes (4)
- [F1]67,444 of the 200,584 restricted stock units (RSUs) granted to the Reporting Person on May 22, 2022 were canceled by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $50 as consideration for the cancellation.
- [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]153,440 of the 456,352 shares subject to the option granted to the Reporting Person on May 22, 2022 were canceled by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $50 as consideration for the cancellation.
- [F4]One-fourth of the 302,912 shares subject to the option, following the cancellation of 153,440 option shares, will vest on May 18, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.