Form 4 for VISN Vistance Networks, Inc.
Accepted 2022-05-05 00:00:00 ET · period of report 2022-05-03 · accession 0001209191-22-027340 · 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 | 2022-05-05 | 2022-05-03 | VISN | Choi Justin C | SVP, CLO, Sec | F - Tax | $6.39 | -11.8K | 155.7K | -7% | -$75.5K |
| D | 2022-05-05 | 2022-05-03 | VISN | Choi Justin C | SVP, CLO, Sec | M - OptEx | $0.00 | +22.7K | 167.5K | +16% | $0 |
| D | 2022-05-05 | 2022-05-03 | VISN | Choi Justin C | SVP, CLO, Sec | M - OptEx | $0.00 | -22.7K | 52.9K | -30% | $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 | 2022-05-03 | F | D | 11,814 | $6.39 | 155,675 | D | — | — | (F2) As previously reported, includes (a) 35,267 restricted stock units that were granted on 05/03/2021 and will vest ratably on 05/03/2023 and 05/03/2024, and (b) 52,100 restricted stock units that were granted on 03/01/2022 and will vest ratably on 06/01/2023, 06/01/2024 and 06/01/2025, each subject to the reporting person's continued employment with the issuer. |
| 2 | Common | Common Stock | 2022-05-03 | M | A | 22,680 | $0.00 | 167,489 | D | — | — | (F2) As previously reported, includes (a) 35,267 restricted stock units that were granted on 05/03/2021 and will vest ratably on 05/03/2023 and 05/03/2024, and (b) 52,100 restricted stock units that were granted on 03/01/2022 and will vest ratably on 06/01/2023, 06/01/2024 and 06/01/2025, each subject to the reporting person's continued employment with the issuer. |
| 3 | Derivative | Performance Share Units | 2022-05-03 | M | D | 22,680 | $0.00 | 52,920 | D | $0.00 · — to 2024-10-01 | 22,680 Common Stock | (F4) 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 $17.50 to a high of $40, and the reporting person's continued employment with the issuer, over the period from 05/03/2021 to 10/01/2024. |