Form 4 for LFVN Lifevantage Corp
Accepted 2023-11-08 00:00:00 ET · period of report 2023-11-06 · accession 0000849146-23-000200 · 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 | 2023-11-08 | 2023-11-06 | LFVN | Fife Steven R | Pres, CEO, Dir | A - Grant | $0.00 | +276.9K | 625.5K | +79% | $0 |
| D | 2023-11-08 | 2023-11-06 | LFVN | Fife Steven R | Pres, CEO, Dir | D - Sale to Iss | $0.00 | -199.2K | 348.5K | -36% | $0 |
| DM | 2023-11-08 | 2023-11-06 | LFVN | Fife Steven R | Pres, CEO, Dir | D - Sale to Iss | $0.00 | -77.7K | 51.0K | -60% | $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 | 2023-11-06 | A | A | 9,715 | $0.00 | 396,566 | D | — | — | (F4) These shares of restricted stock were acquired pursuant to a restricted stock award, which award shall vest, subject to the reporting person's continued service with the Issuer, as follows: (i) 1/4 of the total shares shall vest on each of November 6, 2024 , January 1, 2025, April 1, 2025, and July 1, 2025. (F5) These shares of restricted stock were granted in exchange for the cancellation of 9,715 stock units, which were granted to the reporting person on November 10, 2022, as reported in the Form 4 filed by the reporting person on November 15, 2022. |
| 2 | Common | Common Stock | 2023-11-06 | A | A | 68,006 | $0.00 | 464,572 | D | — | — | (F4) These shares of restricted stock were acquired pursuant to a restricted stock award, which award shall vest, subject to the reporting person's continued service with the Issuer, as follows: (i) 1/4 of the total shares shall vest on each of November 6, 2024 , January 1, 2025, April 1, 2025, and July 1, 2025. (F6) These shares of restricted stock were granted in exchange for the cancellation of 68,006 performance restricted stock units ("PSUs") granted to the reporting person on August 18, 2022, as reported in the Form 4 filed by the reporting person on August 22, 2022. |
| 3 | Common | Common Stock | 2023-11-06 | A | A | 9,700 | $0.00 | 474,272 | D | — | — | (F2) These shares of restricted stock were acquired pursuant to a restricted stock award, which award shall vest, subject to the reporting person's continued service with the Issuer, as follows: (i) 1/3 of the total shares shall vest on each of January 1, 2025, April 1, 2025, and July 1, 2025. (F7) These shares of restricted stock were granted in exchange for the cancellation of 9,700 PSUs granted to the reporting person on November 10, 2022, as reported in the Form 4 filed by the reporting person on November 15, 2022. |
| 4 | Common | Common Stock | 2023-11-06 | A | A | 38,311 | $0.00 | 386,851 | D | — | — | (F2) These shares of restricted stock were acquired pursuant to a restricted stock award, which award shall vest, subject to the reporting person's continued service with the Issuer, as follows: (i) 1/3 of the total shares shall vest on each of January 1, 2025, April 1, 2025, and July 1, 2025. (F3) These shares of restricted stock were granted in exchange for the cancellation of 38,311 stock units, which were granted to the reporting person on August 18, 2022, as reported in the Form 4 filed by the reporting person on August 22, 2022. |
| 5 | Common | Common Stock | 2023-11-06 | D | D | 199,222 | $0.00 | 348,540 | D | — | — | (F1) This amount reflects the aggregate number of stock units cancelled in exchange for the grant of shares of restricted stock as described in footnotes 3, 5, and 9 of this Form 4. |
| 6 | Common | Common Stock | 2023-11-06 | A | A | 151,196 | $0.00 | 625,468 | D | — | — | (F8) These shares of restricted stock were acquired pursuant to a restricted stock award, which award shall vest, subject to the reporting person's continued service with the Issuer, as follows: (i) 62,998 shares shall vest on November 6, 2024, and (ii) 1/12 of the total number of shares shall vest on the first day of each of the seven calendar quarters thereafter. (F9) These shares of restricted stock were received in exchange for the cancellation of 151,196 stock units granted to the reporting person on August 24, 2023, as reported in the Form 4 filed by the reporting person on August 28, 2023. |
| 7 | Derivative | Performance Stock Units | 2023-11-06 | D | D | 9,700 | $0.00 | 29,100 | D | — · — to — | 9,700 Common Stock | (F13) These PSUs were cancelled on November 6, 2023 in exchange for the grant of new shares of restricted stock, as described in footnote 7 of this Form 4. (F14) On November 10, 2022, the reporting person was granted PSUs which vest as described in the Form 4 filed by the reporting person on November 15, 2022. The reporting person initially reported the number of shares that were eligible to be earned at target-level performance achievement. The performance criteria were achieved at a level above target; accordingly, the reporting person is eligible to earn 133.13% of the target number of stock units. The number of PSUs beneficially owned following this reported transaction has been updated to reflect the new number of stock units the reporting person is eligible to earn. (F10) PSUs each represent a right to receive one share of Issuer common stock. |
| 8 | Derivative | Performance Stock Units | 2023-11-06 | D | D | 68,006 | $0.00 | 51,004 | D | — · — to — | 68,006 Common Stock | (F11) These PSUs were cancelled on November 6, 2023 in exchange for the grant of new shares of restricted stock, as described in footnote 6 of this Form 4. (F12) On August 18, 2022, the reporting person was granted PSUs, which vest as described in the Form 4 filed by the reporting person on August 22, 2022. The reporting person initially reported the number of shares that were eligible to be earned at target-level performance achievement. The performance criteria were achieved at a level above target; accordingly, the reporting person is eligible to earn 133.13% of the target number of stock units. The number of PSUs beneficially owned following this reported transaction has been updated to reflect the new number of stock units the reporting person is eligible to earn. (F10) PSUs each represent a right to receive one share of Issuer common stock. |