Performant Financial Corp 4
4 · Performant Financial Corp · Filed Aug 18, 2015
Insider Transaction Report
Form 4
Orvell Hakan
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2015-08-14+12,875→ 12,875 total - Tax Payment
Common Stock
2015-08-14$2.97/sh−5,105$15,162→ 7,770 total - Exercise/Conversion
Restricted Stock Units
2015-08-14−12,875→ 38,625 totalExercise: $2.97→ Common Stock (12,875 underlying)
Footnotes (2)
- [F1]Shares surrendered to pay tax liability due on vesting of Restricted Stock Units.
- [F2]Restricted Stock Unit Award granted on August 13, 2014 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on August 13, 2016 as to 12,875 shares, on August 13, 2017 as to 12,875 shares, and August 13, 2018 as to the remaining 12,875 shares.