CLIFF KELLY STEVENSON (President Investment Franchise) exercised options at VICTORY CAPITAL HOLDINGS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

CLIFF KELLY STEVENSON

Filed: 7/5/2022ACC: 0001209191-22-040946

InsiderCLIFF KELLY STEVENSONCIK 1730106

→

IssuerVICTORY CAPITAL HOLDINGS, INC.CIK 1570827

Officer· President Investment Franchise

Since Mar 2019

-125.73K

Net shares

Net seller

$3.03M

Total sold

Open market trades

0B · 0S

Total transactions

200.59K acquired · 326.32K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+75.08K

Price / share

$4.73

Trade value

$355.14K

% of position

20.2%

6/30/2022

371.38K→446.47K

Common Stock

Direct

M · Option Exercise

+25.03K

Price / share

$5.81

Trade value

$145.41K

% of position

5.6%

6/30/2022

446.47K→471.49K

Common Stock

Direct

M · Option Exercise

+18.03K

Price / share

$7.52

Trade value

$135.62K

% of position

3.8%

6/30/2022

471.49K→489.53K

Common Stock

Direct

M · Option Exercise

+82.44K

Price / share

$7.52

Trade value

$619.96K

% of position

16.8%

6/30/2022

489.53K→571.97K

Common Stock

Direct

F · Tax Withholding

−125.73K

Price / share

$24.10

Trade value

$3.03M

% of position

22.0%

6/30/2022

571.97K→446.24K

Total

Net shares

+74.86K

Net value

-$1.77M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	6/30/2022	M · Option Exercise	+75.08K	$4.73	$355.14K	20.2%	371.38K	446.47K
Common Stock Direct	6/30/2022	M · Option Exercise	+25.03K	$5.81	$145.41K	5.6%	446.47K	471.49K
Common Stock Direct	6/30/2022	M · Option Exercise	+18.03K	$7.52	$135.62K	3.8%	471.49K	489.53K
Common Stock Direct	6/30/2022	M · Option Exercise	+82.44K	$7.52	$619.96K	16.8%	489.53K	571.97K
Common Stock Direct	6/30/2022	F · Tax Withholding	−125.73K	$24.10	$3.03M	22.0%	571.97K	446.24K
Total			+74.86K		-$1.77M

Derivative Transactions4

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

75.08K shares

−75.08K

Strike price

4.73

Held after

0.00

Exercisable

—

6/30/2022

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

25.03K shares

−25.03K

Strike price

5.81

Held after

0.00

Exercisable

—

6/30/2022

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

18.03K shares

−18.03K

Strike price

7.52

Held after

0.00

Exercisable

—

6/30/2022

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

82.44K shares

−82.44K

Strike price

7.52

Held after

123.67K

Exercisable

—

6/30/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (right to buy) Direct	Common Stock75.08K shares	6/30/2022	M · Option Exercise	−75.08K	4.73	—	0.00
Stock Option (right to buy) Direct	Common Stock25.03K shares	6/30/2022	M · Option Exercise	−25.03K	5.81	—	0.00
Stock Option (right to buy) Direct	Common Stock18.03K shares	6/30/2022	M · Option Exercise	−18.03K	7.52	—	0.00
Stock Option (right to buy) Direct	Common Stock82.44K shares	6/30/2022	M · Option Exercise	−82.44K	7.52	—	123.67K