Form 4 for LFVN Lifevantage Corp
Accepted 2023-11-20 00:00:00 ET · period of report 2023-11-10 · accession 0000849146-23-000220 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-11-20 | 2023-11-10 | LFVN | Fife Steven R | Pres, CEO, Dir | F - Tax | $5.69 | -10.5K | 631.2K | -2% | -$59.6K |
| D | 2023-11-20 | 2023-11-10 | LFVN | Fife Steven R | Pres, CEO, Dir | M - OptEx | — | +16.2K | 641.6K | +3% | — |
| D | 2023-11-20 | 2023-11-10 | LFVN | Fife Steven R | Pres, CEO, Dir | M - OptEx | $0.00 | -16.2K | 12.9K | -56% | $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 | 2023-11-10 | F | D | 10,477 | $5.69 | 631,159 | D | — | — | (F3) These shares were withheld to satisfy tax withholding obligations in connection with the vesting of a PSU award and stock unit award granted to the reporting person on November 10, 2022. |
| 2 | Common | Common Stock | 2023-11-10 | M | A | 16,168 | — | 641,636 | D | — | — | (F1) On November 10, 2022, the reporting person was granted PSUs which vest only to the extent specified financial performance criteria are achieved and subject to the reporting person's continued service with the issuer, as provided 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. The actual number of shares that vested was 133.13% of the at-target number of shares subject to vesting on that date. The number of PSUs beneficially owned following the reported transaction has been updated to reflect the number of earned units as well as the number of earned units remaining following the cancellation of 9,700 earned units, as reported on the Form 4 filed on November 8, 2023. (F2) Performance Stock Units ("PSUs") convert into common stock on a one-for-one basis. |
| 3 | Derivative | Performance Stock Units | 2023-11-10 | M | D | 16,168 | $0.00 | 12,932 | D | — · — to — | 16,168 Common Stock | (F2) Performance Stock Units ("PSUs") convert into common stock on a one-for-one basis. (F1) On November 10, 2022, the reporting person was granted PSUs which vest only to the extent specified financial performance criteria are achieved and subject to the reporting person's continued service with the issuer, as provided 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. The actual number of shares that vested was 133.13% of the at-target number of shares subject to vesting on that date. The number of PSUs beneficially owned following the reported transaction has been updated to reflect the number of earned units as well as the number of earned units remaining following the cancellation of 9,700 earned units, as reported on the Form 4 filed on November 8, 2023. |