Stephen Spears - 15 May 2022 Form 4 Insider Report for Avaya Holdings Corp. (AVYA)

Role
EVP and Chief Revenue Officer
Signature
/s/ Danielle Bagatta, as attorney in fact for Stephen Spears
Issuer symbol
AVYA
Transactions as of
15 May 2022
Transactions value $
-$38,024
Form type
4
Filing time
17 May 2022, 16:46:33 UTC
Previous filing
16 Feb 2022
Next filing
15 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVYA Common Stock - Restricted Stock Units Options Exercise $0 -20K -11.81% $0.00 149K 15 May 2022 Direct F1, F2
transaction AVYA Common Stock, par value $0.01 per share Award $0 +20K +37.07% $0.00 73.8K 15 May 2022 Direct F1, F3
transaction AVYA Common Stock, par value $0.01 per share Tax liability -$38K -6.01K -8.14% $6.33* 67.8K 15 May 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock, par value $0.01 per share, of Avaya Holdings Corp. ("Common Stock"), which vested pursuant to various Restricted Stock Unit (each, an "RSU") awards. These RSUs were previously reported on Table I on a Form 4.
F2 Consists of RSUs previously reported on a Form 4 in Table I that have not, as of yet, vested in accordance with their terms. Each RSU represents a contingent right to receive, at vesting, one share of Common Stock.
F3 These securities represent the total number of Common Stock owned, which includes 1,481 shares purchased pursuant to the Avaya Holdings Corp. 2020 Employee Stock Purchase Plan ("ESPP"). This does not include any fractional shares acquired through the ESPP.
F4 Represents the number of shares of Common Stock withheld by Avaya Holdings Corp. to cover tax withholding obligations in connection with the vesting of RSUs.