JOHN M. MELLOR - 22 Apr 2022 Form 4 Insider Report for DOMO, INC. (DOMO)

Role
CEO
Signature
/s/ Daniel Stevenson, attorney-in-fact
Issuer symbol
DOMO
Transactions as of
22 Apr 2022
Net transactions value
$0
Form type
4
Filing time
26 Apr 2022, 16:12:44 UTC
Previous filing
23 Mar 2022
Next filing
23 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOMO Class B Common Stock Award $0 +167,223 +114% $0.000000 313,705 22 Apr 2022 Direct F1
transaction DOMO Class B Common Stock Award $0 +71,667 +23% $0.000000 385,372 22 Apr 2022 Direct F1, F2
holding DOMO Class B Common Stock 34,115 22 Apr 2022 The Mellor Generations Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock of the Issuer, subject to the applicable vesting schedule. In the event the Reporting Person ceases to be a Service Provider, the unvested RSUs will be cancelled by the Issuer.
F2 In addition to time- and service-based vesting requirements, 1/3 of the RSUs will vest upon the Issuer's Class B common stock achieving a 30-day volume-weighted average price ("Company VWAP") of $60/share, 1/3 of the RSUs will vest upon the Issuer's Class B common stock achieving a Company VWAP of $70/share and 1/3 of the RSUs will vest upon the Issuer's Class B common stock achieving a Company VWAP of $90/share.