Jared Brandman - Mar 2, 2023 Form 4 Insider Report for National Vision Holdings, Inc. (EYE)

Role
SVP, GC and Secretary
Signature
/s/ Jared Brandman
Stock symbol
EYE
Transactions as of
Mar 2, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 03:51 PM
Previous filing
Mar 2, 2023
Next filing
Mar 7, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EYE Common Stock Options Exercise $0 +2.08K +9.89% $0.00 23.1K Mar 2, 2023 Direct F1
transaction EYE Common Stock Tax liability -614 -2.66% 22.5K Mar 2, 2023 Direct F2
transaction EYE Common Stock Options Exercise $0 +3.88K +17.28% $0.00 26.3K Mar 2, 2023 Direct F3, F4
transaction EYE Common Stock Tax liability -1.35K -5.13% 25K Mar 2, 2023 Direct F5

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 EYE Restricted Stock Units Options Exercise $0 -2.08K -20.26% $0.00 8.18K Mar 2, 2023 Common Stock 2.08K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of NVHI common stock.
F2 On March 2, 2023, 2,078 restricted stock units vested and 614 shares of the Company's common stock were withheld to satisfy tax withholding obligations. The closing price on March 2, 2023 of the Company's common stock on NASDAQ was $22.88 per share.
F3 Represents shares earned by the reporting person pursuant to certain performance restricted stock units (the "PSUs"), which were granted to the reporting person on February 28, 2020. The PSUs were earned based on the attainment of certain performance metrics, which performance metrics were certified by the Compensation Committee of the Board of Directors of the Company on March 2, 2023.
F4 Each performance restricted stock unit represents a right to receive one share of NVHI common stock.
F5 On March 2, 2023, 3,883 PSUs vested and 1,352 shares of the Company's common stock were withheld to satisfy tax withholding obligations. The closing price on March 2, 2023 of the Company's common stock on NASDAQ was $22.88 per share.
F6 On March 2, 2022, the reporting person was granted 6,234 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.