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LVOXU LiveVox Holding Inc

3.94
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
LiveVox Holding Inc NASDAQ:LVOXU NASDAQ Trust
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.94 3.03 12.94 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

23/09/2022 9:32pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CLEVENGER S GREGORY
2. Issuer Name and Ticker or Trading Symbol

LiveVox Holdings, Inc. [ LVOX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP and CFO
(Last)          (First)          (Middle)

655 MONTGOMERY STREET, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YYYY)

9/21/2022
(Street)

SAN FRANCISCO, CA 94111
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 9/21/2022  F  1742 (1)D$2.56 242504 (2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units  (3)           (4) (4)Class A Common Stock 161250  161250 (5)D  
Performance Share Units  (3)           (6) (6)Class A Common Stock 80625  80625 (5)D  

Explanation of Responses:
(1) The reported securities represent shares withheld by the Company to cover taxes associated with the vesting and settlement of Restricted Stock Units ("RSUs").
(2) The reporting person previously reported awards of 241,875 Performance Share Units ("PSUs") in Table I. The total reported in Column 5 excludes these PSUs which are now reported in Table II. Following the reported transaction, the reporting person holds 36,484 shares of Class A Common Stock and 206,020 RSUs.
(3) Each PSU represents a contingent right to receive one share of Class A Common Stock of LiveVox Holdings, Inc.
(4) The PSUs are divided into two equal Performance Tranches, with the PSUs subject to each Performance Tranche vesting if, for any 20 out of 30 consecutive trading days beginning after August 18, 2021, the per share volume-weighted average price (the "VWAP") over such period is greater than the applicable VWAP hurdle. The VWAP hurdles are $15.00 and $17.50, respectively.
(5) The PSUs were previously reported in Table I and are now reported in Table II.
(6) The PSUs are subject to both time-based and performance vesting. Twenty-five percent of the PSUs will vest on June 21, 2022 and the remaining shares will vest in twelve equal quarterly installments thereafter. In addition, the PSUs are divided into three equal performance tranches with performance vesting to occur if, for any 20 trading days out of 30 consecutive trading days beginning after August 18, 2021, the per share VWAP is greater than the applicable VWAP hurdle. The VWAP hurdles for the first, second and third performance tranches are $12.50, $15.00 and $17.50, respectively.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
CLEVENGER S GREGORY
655 MONTGOMERY STREET
SUITE 1000
SAN FRANCISCO, CA 94111


EVP and CFO

Signatures
Steven Gregory Clevenger9/23/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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