Andrew Masterman - 22 Nov 2021 Form 4 Insider Report for BrightView Holdings, Inc. (BV)

Role: President & CEO, Director
Signature: /s/ Jonathan M. Gottsegen, as Attorney-in-Fact
Issuer symbol: BV
Transactions as of: 22 Nov 2021
Transactions value $: -$92,685
Form type: 4
Filing time: 24 Nov 2021, 17:00:41
Previous filing: 22 Nov 2021
Next filing: 30 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BV	Common Stock	Options Exercise		+16.9K	+3%		579K	22 Nov 2021	Direct	F1, F2
transaction	BV	Common Stock	Options Exercise		+3.49K	+0.6%		582K	22 Nov 2021	Direct	F1, F2
transaction	BV	Common Stock	Tax liability	-$79K	-5.27K	-0.9%	$15.00	577K	22 Nov 2021	Direct	F2, F3
transaction	BV	Common Stock	Tax liability	-$13.7K	-914	-0.16%	$15.00	576K	22 Nov 2021	Direct	F2, F3

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
transaction	BV	Restricted Stock Units	Options Exercise	$0	-16.9K	-22.22%	$0.00	59.1K	22 Nov 2021	Common Stock	16.9K		Direct	F4, F5
transaction	BV	Restricted Stock Units	Options Exercise	$0	-3.49K	-100%	$0.00^*	0	22 Nov 2021	Common Stock	3.49K		Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
F2	Includes shares of common stock acquired under the Issuer's employee stock purchase plan and unvested shares of restricted stock. Does not include unvested performance shares which will be reported when earned upon achievement of certain performance criteria.
F3	Represents the number of shares of common stock withheld to pay the related tax liability on restricted stock that vested on November 22, 2021.
F4	Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units will be settled in either common stock or cash (or a combination thereof).
F5	Represents a grant of time-based restricted stock units that vest as follows: 10% vests on November 22, 2020, 20% vests on November 22, 2021, 30% vests on November 22, 2022 and 40% vests on November 22, 2023.
F6	Represents non-forfeitable time-based restricted stock units granted in lieu of certain cash compensation. These restricted stock units vest in two installments beginning on November 22, 2020.