Filing Details

Accession Number:
0001209191-18-017433
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-06 18:07:06
Reporting Period:
2018-03-06
Accepted Time:
2018-03-06 18:07:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1607716 Vivint Solar Inc. VSLR Heating Equipment, Except Electric & Warm Air Furnaces (3433) 455605880
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1673823 David Bywater 1800 West Ashton Blvd
Lehi UT 84043
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-03-06 6,900 $2.99 531,197 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.95 to $3.00, inclusive. The reporting person undertakes to provide to Vivint Solar, Inc., any security holder of Vivint Solar, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
  2. Includes 359,649 restricted stock units ("RSUs") granted on December 14, 2016 pursuant to the Issuer's 2014 Equity Incentive Plan which can only be settled with shares of common stock. 25% of the RSUs vest on December 6, 2017 and thereafter 6.25% of the RSUs vest in equal quarterly installments beginning March 6, 2018, until the RSUs are fully vested; in each such case subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through each such date.