SEC Form 4 · accession 0000899243-16-036402
Vivint Solar, Inc. · VSLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Bywater
Officer — Chief Executive Officer
Period of report
Dec 27, 2016
Accepted (ET)
Dec 29, 2016 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001607716
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 27, 2016 | F | 15,275 | $2.85 | D | 856,874 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 359,649 restricted stock units ("RSUs") granted on December 14, 2016 pursuant to the Issuer's 2014 Equity Incentive Plan which can only be settled with shares of common stock. 25% of the RSUs vest on December 6, 2017 and thereafter 6.25% of the RSUs vest in equal quarterly installments beginning March 6, 2018, until the RSUs are fully vested; in each such case subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through each such date.