JOHN HEYMAN - 28 Jul 2021 Form 3 Insider Report for Snap One Holdings Corp. (SNPO)

Signature
/s/ Joshua D. Ellis, Attorney-in-fact for John Heyman
Issuer symbol
SNPO
Transactions as of
28 Jul 2021
Transactions value $
$0
Form type
3
Filing time
28 Jul 2021, 19:43:45 UTC
Previous filing
20 Aug 2021
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SNPO Common Stock 1,502,021 28 Jul 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SNPO Stock Options (Right to Buy) 28 Jul 2021 Common Stock 1,393,372 $18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock received in a distribution from Crackle Holdings L.P. in respect of certain of the reporting person's previously held interests in Crackle Holdings L.P. and 603,786 additional shares of restricted common stock received from the issuer in respect of unvested units in Crackle Holdings L.P., of which (i) a portion will vest in equal installments on October 23 and April 23 with a final vesting date of October 23, 2022, (ii) a portion will vest in equal installments on August 1 and February 1 with a final vesting date of August 1, 2024 and (iii) a portion will vest subject to the satisfaction of certain performance-based vesting conditions on or prior to February 4, 2024.
F2 Of these options, 859,326 are unvested options which will vest as follows: (i) 216,367 options will vest in equal installments on October 23 and April 23 with a final vesting date of October 23, 2022, (ii) 68,110 will vest in equal installments on August 1 and February 1 with a final vesting date of August 1, 2024 and (iii) 574,849 will vest subject to the satisfaction of certain performance-based vesting conditions on or prior to February 4, 2024.