Filing Details
- Accession Number:
- 0001209191-18-058019
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-11-09 18:31:18
- Reporting Period:
- 2018-11-07
- Accepted Time:
- 2018-11-09 18:31:18
- 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 |
|---|---|---|---|---|---|---|---|
| 1618959 | S. Paul Dickson | 1800 West Ashton Blvd Lehi UT 84043 | Chief Revenue Officer | No | 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 | Acquisiton | 2018-11-07 | 132,157 | $1.00 | 377,161 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-11-07 | 132,157 | $5.75 | 245,004 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-11-08 | 16,164 | $3.45 | 261,168 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-11-08 | 44,445 | $1.30 | 305,613 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-11-08 | 107,202 | $5.87 | 198,411 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-11-07 | 132,157 | $0.00 | 132,157 | $1.00 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-11-08 | 44,445 | $0.00 | 44,445 | $1.30 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-11-08 | 16,164 | $0.00 | 16,164 | $3.45 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 179,019 | 2023-07-11 | No | 4 | M | Direct | |
| 5,555 | 2024-01-23 | No | 4 | M | Direct | |
| 48,491 | 2027-10-02 | No | 4 | M | Direct |
Footnotes
- The sales reported by Mr. Dickson were effected pursuant to a Rule 10b5-1 trading plan.
- The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $5.85 to $5.88, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- This option is vested as to 262,157 shares. 49,019 unvested shares subject to the original grant vest on May 15, 2019 or, if earlier, when 313 Acquisition LLC receives cash proceeds with respect to its holdings of the issuer's common stock in an amount that equals $500 million more than its cumulative investment in the Issuer's common stock.
- This option is vested as to 44,445 shares. The remaining 5,555 unvested shares subject to the original grant vest on May 15, 2019 or, if earlier, when 313 Acquisition LLC receives cash proceeds with respect to its holdings of the issuer's common stock in an amount that equals $500 million more than its cumulative investment in the issuer's common stock.
- 25% of the shares subject to this award vested on September 6, 2018, and 1/16th of the shares subject to this award will vest on each quarterly vesting date thereafter. The term "quarterly vesting date" shall mean the sixth day of March, June, September and December of any fiscal year, as applicable.
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