Form Type: 4

SEC EDGAR Link
Accession Number:0000849146-22-000022
Date:2022-04-01
Issuer: LIFEVANTAGE CORP (LFVN)
Original Submission Date:

Reporting Person:

FIFE STEVEN R
3300 NORTH TRIUMPH BLVD #700
LEHI, UT 84043

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2022-04-01 M 658 a $0.00 211,998 direct
COMMON STOCK 2022-04-01 F 2,095 d $4.81 209,903 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE STOCK UNITS 0.0 2022-04-01 deemed execution date M 658 (d) common stock 658 $0.00 659 direct
Footnotes
IDfootnote
f1 on december 5, 2019 the reporting person was granted psus which vest only to the extent specified financial performance criteria are achieved and subject to the reporting person's continued service with the issuer, as follows: (i) 5/12 of the earned award vested on the first anniversary of the grant date and (ii) an additional 1/12 of the earned award will vest on the first day of each calendar quarter thereafter. the reporting person initially reported the number of shares that were eligible to be earned at target-level performance achievement. the performance criteria were achieved at a level below target; accordingly, the reporting person is eligible to earn 50.99% of the target number of units. the actual number of shares that vested on the reported transaction date was 50.99% of the at-target number of shares subject to vesting on that date and the number of psus beneficially owned following the reported transaction has been updated to reflect 50.99% of the target number of units.
f2 performance stock units ("psus") convert into common stock on a one-for-one basis.
f3 these shares were withheld to satisfy tax withholding obligations in connection with the vesting of psu awards and stock unit awards granted to the reporting person on december 5, 2019, august 28, 2020 and september 3, 2020.
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