SEC Form 4 · accession 0001209191-18-018974

Vivint Solar, Inc. · VSLR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO and EVP

Period of report

Mar 8, 2018

Accepted (ET)

Mar 12, 2018 · 7:23 pm EDT

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
Common Stock	Mar 8, 2018	M	9,026	$1.30	A	337,658	D
Common Stock	Mar 8, 2018	S	9,026	$3.25	D	328,632	D
Common Stock	Mar 8, 2018	S	8,400	$3.25	D	320,232	D
Common Stock	Mar 9, 2018	M	4,196	$1.30	A	324,428	D
Common Stock	Mar 9, 2018	S	4,196	$3.25	D	320,232	D
Common Stock	Mar 9, 2018	S	4,121	$3.25	D	316,111	D
Common Stock	Mar 12, 2018	M	5,909	$1.30	A	322,020	D
Common Stock	Mar 12, 2018	S	5,909	$3.25	D	316,111	D
Common Stock	Mar 12, 2018	S	4,763	$3.25	D	311,348	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F2	$1.30	Mar 8, 2018	M	9,026	D	—	Jan 23, 2024	Common Stock	9,026	805,977	D
Stock Option (Right to Buy)^F2	$1.30	Mar 9, 2018	M	4,196	D	—	Jan 23, 2024	Common Stock	4,196	801,781	D
Stock Option (Right to Buy)^F2	$1.30	Mar 12, 2018	M	5,909	D	—	Jan 23, 2024	Common Stock	5,909	795,872	D

F1The sales reported by Mr. Russell were effected pursuant to a Rule 10b5-1 trading plan.
F2This option is vested as to 537,378 shares. Of the remaining 313,725 unvested shares subject to the original grant, 117,647 shares vest in equal annual installments on November 18, 2017 and November 18, 2018, and 196,078 vest in equal installments on May 15, 2018 and 2019 or, if earlier, when 313 Acquisition LLC receives cash proceeds with respect to its holdings of the issuer's common stock in an amount that equals $500 million more than its cumulative investment in the issuer's common stock.