Performant Financial Corp 4
4 · Performant Financial Corp · Filed Feb 25, 2016
Insider Transaction Report
Form 4
Orvell Hakan
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2016-02-23+120,000→ 120,000 total→ Common Stock (120,000 underlying)
Holdings
- 38,625
Restricted Stock Units
→ Common Stock (12,875 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of PFMT's common stock. The units were awarded at no cost to Reporting Person.
- [F2]Restricted Stock Unit Award granted on February 23, 2016 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date, provided that the Reporting Person remains in continuous service through each vest date.
- [F3]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, provided that the Reporting Person remains in continuous service through each vest date.