SEC Form 4 · accession 0001719842-18-000016
National Vision Holdings, Inc. · EYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Vaught
Officer — SVP, Chief Information Officer
Period of report
Nov 19, 2018
Accepted (ET)
Nov 21, 2018 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001710155
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $4.27 | Nov 19, 2018 | A | 22,657 | A | — | Mar 13, 2024 | Common Stock | 22,657 | 49,885 | D |
Explanation of responses
- F1On March 13, 2014, the reporting person was granted stock options, subject to time-based and performance-based vesting. On November 19, 2018, a liquidity event with respect to such performance-based stock options occurred as a result of sales by the Issuer's sponsor stockholders and 20,597 stock options which had previously not been reported were deemed earned.
- F2Of these 49,885 stock options, 36,459 are vested and the remaining 13,426 stock options will vest on March 13, 2019. An additional 37,762 stock options which remain subject to liquidity-event performance-based vesting conditions are not included in the table above.