Form 4 for VISN Vistance Networks, Inc.
Accepted 2022-07-06 00:00:00 ET · period of report 2022-07-04 · accession 0001209191-22-041072 · 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 | 2022-07-06 | 2022-07-04 | VISN | Lorentzen Kyle David | EVP, CFO | M - OptEx | $0.00 | +24.8K | 234.2K | +12% | $0 |
| D | 2022-07-06 | 2022-07-04 | VISN | Lorentzen Kyle David | EVP, CFO | F - Tax | $5.98 | -7,849 | 226.3K | -3% | -$46.9K |
| D | 2022-07-06 | 2022-07-04 | VISN | Lorentzen Kyle David | EVP, CFO | M - OptEx | $0.00 | -24.8K | 86.7K | -22% | $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 | 2022-07-04 | M | A | 24,760 | $0.00 | 234,158.47 | D | — | — | (F2) As previously reported, includes (a) 41,267 restricted stock units that were granted on 01/04/2021 and will vest ratably on 01/04/2023 and 01/04/2024; (b) 17,500 restricted stock units that were granted on 12/01/2021 and will vest ratably on 12/01/2022, 12/01/2023 and 12/01/2024; and (c) 83,400 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 | 2022-07-04 | F | D | 7,849 | $5.98 | 226,309.47 | D | — | — | (F2) As previously reported, includes (a) 41,267 restricted stock units that were granted on 01/04/2021 and will vest ratably on 01/04/2023 and 01/04/2024; (b) 17,500 restricted stock units that were granted on 12/01/2021 and will vest ratably on 12/01/2022, 12/01/2023 and 12/01/2024; and (c) 83,400 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 | 2022-07-04 | M | D | 24,760 | $0.00 | 86,660 | D | $0.00 · — to 2025-01-04 | 24,760 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 $15 to a high of $40, and the reporting person's continued employment with the issuer, over the four-year period from 01/04/2021 to 01/04/2025. |