FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
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 *

Hwang Jung Taik
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/29/2020 

3. Issuer Name and Ticker or Trading Symbol

Vivint Smart Home, Inc. [VVNT]
(Last)        (First)        (Middle)

C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Technology Officer /
(Street)

PROVO, UT 84604      

(City)              (State)              (Zip)
5. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 173261 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Earnout Rights  (2)(3)(4)1/17/2025 Class A Common Stock 53456  (2)(3)(4)D  
Stock Appreciation Rights  (5)6/8/2028 Class A Common Stock 73452 $20.41 D  

Explanation of Responses:
(1) Includes: (a) 54,884 restricted shares of Class A common stock of the Issuer ("Class A Common Stock"), and (b) the right to receive 7,720 shares of Class A Common Stock, which vest upon the vesting of the stock appreciation rights ("SARs") to which they relate.
(2) Pursuant to an Agreement and Plan of Merger, dated effective as of September 15, 2019, as amended by that certain Amendment No. 1 and as otherwise amended from time to time (the "Merger Agreement"), by and among Legacy Vivint Smart Home, Inc. (f/k/a Vivint Smart Home, Inc.) ("Legacy Vivint Smart Home"), Mosaic Acquisition Corp. ("Mosaic") and Maiden Merger Sub, Inc. ("Merger Sub"), Merger Sub merged (the "Merger") with and into Legacy Vivint Smart Home, with Legacy Vivint Smart Home surviving the merger as a wholly owned subsidiary of Mosaic (which subsequently changed its name to "Vivint Smart Home, Inc.", the "Issuer"). The transactions contemplated by the Merger Agreement closed on January 17, 2020.
(3) Pursuant to the terms of the Merger Agreement, the stockholders and holders of equity awards of Legacy Vivint Smart Home at the effective time of the Merger received, among other consideration, certain rights to additional shares of Class A Common Stock or to have the terms and conditions of their equity awards equitably adjusted, in each case, upon the achievement of certain milestones as described in the Merger Agreement (the "Earnout Rights"). Pursuant to earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive such shares of Class A Common Stock and/or have the terms and conditions of their equity award equitably adjusted if, from the closing of the Merger until the fifth anniversary thereof, the volume-weighted average price of the Class A Common Stock exceeds certain thresholds as discussed below, subject to the terms of the Merger Agreement.
(4) Of these Earnout Rights, one-half are earned if the volume-weighted average price of the Class A Common Stock exceeds $15.00 for any 20 trading days within any 30 trading day period, and one-half are earned if the volume-weighted average price of the Class A Common Stock exceeds $17.50 for any 20 trading days within any 30 trading day period. The Earnout Rights are subject to certain adjustments, including pro rata adjustments, set forth in the Merger Agreement.
(5) Reflects SARs, of which 9,793 are vested. The unvested SARs vest as follows: (a) 9,793 vest on June 12, 2020, and (b) the remaining SARs vest on January 17, 2021, but in the case of a certain portion of the unvested SARs, earlier if certain performance thresholds are achieved.

Remarks:
Exhibit List: Exhibit 24 - Power of Attorney.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Hwang Jung Taik
C/O VIVINT SMART HOME, INC.
4931 NORTH 300 WEST
PROVO, UT 84604


Chief Technology Officer

Signatures
/s/ Shawn J. Lindquist, as Attorney-in-Fact3/10/2020
**Signature of Reporting PersonDate

Mosaic Acquisition (NYSE:MOSC.U)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Mosaic Acquisition Charts.
Mosaic Acquisition (NYSE:MOSC.U)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Mosaic Acquisition Charts.