SEC Form 4 · accession 0000899243-18-029902

BrightView Holdings, Inc. · BV

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

Reporting owner

John A Feenan

Officer — EVP & Chief Financial Officer

Period of report

Jun 27, 2018

Accepted (ET)

Nov 30, 2018 · 6:37 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001734713

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F2,F1,F3	Jun 27, 2018	A	158,749	—	A	158,749	D
Common Stock^F3	Nov 28, 2018	A	12,158	$0.00	A	170,907	D
Common Stock^F3	Nov 28, 2018	A	28,910	$0.00	A	199,817	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (Right to Buy)^F7	$22.00	Jun 27, 2018	A	32,073	A	—	Jun 27, 2028	Common Stock	32,073	32,073	D
Stock Options (Right to Buy)^F1,F8	$22.00	Jun 27, 2018	A	146,690	A	—	Jun 27, 2028	Common Stock	146,690	146,690	D
Stock Options (Right to Buy)^F1,F9	$22.00	Jun 27, 2018	A	81,249	A	—	Jun 27, 2028	Common Stock	81,249	81,249	D
Stock Options (Right to Buy)^F1,F10	$22.00	Jun 27, 2018	A	22,727	A	—	Jun 27, 2028	Common Stock	22,727	22,727	D
Stock Options (Right to Buy)^F1,F12,F11	$22.00	Jun 27, 2018	A	45,587	A	—	Jun 27, 2028	Common Stock	45,587	45,587	D
Stock Options (Right to Buy)^F12,F11	$22.00	Nov 28, 2018	A	40,106	A	—	Jun 27, 2028	Common Stock	40,106	85,693	D
Stock Options (Right to Buy)^F14	$13.49	Nov 28, 2018	A	67,070	A	—	Nov 28, 2028	Common Stock	67,070	67,070	D

Explanation of responses

F1These securities were acquired in connection with the reclassification of interests of BrightView Parent L.P. prior to the Issuer's initial public offering (as more fully described in the Issuer's Registration Statement on Form S-1 (File No. 333-225277)) and were included in the Reporting Person's Form 3 filed on June 28, 2018.
F10Represents time-based options that vest in five equal annual installments beginning on February 21, 2019.
F11Represents options that vested upon the achievement of certain performance criteria. These options are fully vested and exercisable.
F12Does not include unvested performance-based options which will be reported when earned upon achievement of certain performance criteria.
F13Represents options acquired upon settlement of performance-based stock option awards previously granted to the Reporting Person.
F14Represents a grant of time-based options that vest as follows: 10% vests on November 28, 2019, 20% vests on November 28, 2020, 30% vests on November 28, 2021 and 40% vests on November 28, 2022.
F2Includes unvested shares of restricted stock.
F3Does not include unvested performance shares which will be reported when earned upon achievement of certain performance criteria.
F4Represents common stock of the Issuer acquired upon settlement of performance-based restricted stock unit awards previously granted to the Reporting Person.
F5Represents a grant of time-based restricted stock that vests as follows: 10% vests on November 28, 2019, 20% vests on November 28, 2020, 30% vests on November 28, 2021 and 40% vests on November 28, 2022.
F6Represents a grant of time-based options made on June 27, 2018, which were included in the Reporting Person's Form 3 filed on June 28, 2018.
F7Represents time-based options that vest in four equal annual installments beginning on the first anniversary of the Issuer's initial public offering.
F8Represents time-based options of which 40% are vested. The remaining 60% will vest in three equal annual installments on February 28, 2019, February 29, 2020 and February 28, 2021.
F9Represents time-based options of which 40% are vested. The remaining 60% will vest in three equal annual installments beginning on November 10, 2019.