Filing Details

Accession Number:
0001209191-20-049881
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-09 19:08:33
Reporting Period:
2020-09-08
Accepted Time:
2020-09-09 19:08:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1607716 Vivint Solar Inc. VSLR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1367405 C Dana Russell 1800 West Ashton Blvd
Lehi UT 84043
Cfo And Evp 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 Disposition 2020-09-08 8,247 $25.96 222,543 No 4 S Direct
Common Stock Disposition 2020-09-08 100 $26.82 222,443 No 4 S Direct
Common Stock Disposition 2020-09-08 131 $28.07 222,312 No 4 S Direct
Common Stock Acquisiton 2020-09-08 7,069 $0.00 229,381 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy Acquisiton 2020-09-08 10,570 $0.00 10,570 $28.29
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,570 2030-09-08 No 4 A Direct
Footnotes
  1. These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations pursuant to a Rule 10b5-1 Plan in connection with the settlement of an award of restricted stock units.
  2. 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 $25.78 to $26.19, 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.
  3. 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 $28.07 to $28.09, 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.
  4. Represents restricted stock units ("RSUs") granted pursuant to the 2014 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock. 25% of the shares subject to this award will vest on September 6, 2021, and on each of the next 12 RSU quarterly vesting dates, 1/16 of the shares subject to this award will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.
  5. 25% of the Shares subject to this option will vest on September 6, 2021, and on each of the next 12 quarterly vesting dates, 1/16 of the shares subject to this option will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.