Form 4 for VISN Vistance Networks, Inc.
Accepted 2021-10-05 00:00:00 ET · period of report 2021-10-01 · accession 0001209191-21-059565 · 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 | 2021-10-05 | 2021-10-01 | VISN | Watts Claudius E. IV | Dir | M - OptEx | $0.00 | +22.0K | 310.7K | +8% | $0 |
| D | 2021-10-05 | 2021-10-01 | VISN | Watts Claudius E. IV | Dir | M - OptEx | $0.00 | -22.0K | 198.0K | -10% | $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 | 2021-10-01 | M | A | 22,000 | $0.00 | 310,677 | D | — | — | (F2) As previously reported, includes 66,667 restricted stock units that were granted on 10/01/2020 and will vest ratably on 10/01/2022 and 10/01/2023, subject to the reporting person's continued employment with the issuer. |
| 2 | Derivative | Performance Share Units | 2021-10-01 | M | D | 22,000 | $0.00 | 198,000 | D | $0.00 · — to 2024-10-01 | 22,000 Common Stock | (F3) Each performance share unit reflects the right to receive one share of common stock. The performance share units vest upon the achievement of certain hurdles relating to the issuer's stock price ranging from a low of $15 to a high of $40, and the reporting person's continued employment with the issuer, over the four-year period from 10/01/2020 to 10/01/2024. |