Form 4 for LFVN Lifevantage Corp
Accepted 2021-11-16 00:00:00 ET · period of report 2021-11-12 · accession 0000849146-21-000123 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-16 | 2021-11-12 | LFVN | Aure Carl | CFO | A - Grant | $0.00 | +57.5K | 35.0K | New | $0 |
| D | 2021-11-16 | 2021-11-12 | LFVN | Aure Carl | CFO | A - Grant | $0.00 | +22.5K | 22.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-12 | A | A | 22,500 | $0.00 | 57,500 | D | — | — | (F2) This reflects a stock unit award, in which each stock unit represents a right to receive one share of issuer common stock, which award will vest, subject to the reporting person's continued service with the issuer, as follows: (i) 5/12 of the total number of units will vest on the first anniversary of the grant date and (ii) the remaining units will vest in equal installments as of the first day of each of the seven calendar quarters thereafter. |
| 2 | Common | Common Stock | 2021-11-12 | A | A | 35,000 | $0.00 | 35,000 | D | — | — | (F1) These restricted stock units ("RSUs") were acquired pursuant to a restricted stock award granted November 12, 2021. The award vests in three equal installments on each of November 12, 2022, November 12, 2023, and November 12, 2024, subject to continued service with the Company. |
| 3 | Derivative | Performance Restricted Stock Units | 2021-11-12 | A | A | 22,500 | $0.00 | 22,500 | D | — · — to — | 22,500 Common Stock | (F3) Each PRSU represents a right to receive one share of issuer common stock, with the total number of units reflecting the number that are eligible to be earned at target-level performance achievement. Upon achievement of the maximum level of the applicable performance criteria, the reporting person may become eligible to earn 200% of the target number of units. (F4) The PRSUs will 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 will vest on the first anniversary of the grant date and (ii) the remainder of the earned award will vest in equal installments as of the first day of each of the seven calendar quarters thereafter. |