SEC Form 4 · accession 0001418100-18-000093
Avaya Holdings Corp. · AVYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Louise Spradley
Director
Period of report
Mar 15, 2018
Accepted (ET)
Mar 15, 2018 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001418100
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Mar 15, 2018 | M | 3,211 | $0.00 | A | 3,211 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Mar 15, 2018 | M | 3,211 | D | — | — | Common Stock | 3,211 | 9,636 | D |
Explanation of responses
- F1Represents awards of Restricted Stock Units granted on January 23, 2018, pursuant to the Avaya Holdings Corp. 2017 Equity Incentive Plan (the "EIP"), that vest on March 15, 2018. Each Restricted Stock Unit represents a contingent right to receive, at vesting, one share of common stock of Avaya Holdings Corp. Distribution of this common stock will be deferred until the earliest to occur of: (x) December 15, 2020, (y) the recipient's separation of service from the registrant and (z) a "change in control" of the registrant, as defined in the EIP.
- F2Represents Restricted Stock Units that have vested as the Common Stock set forth in Table I.