4//SEC Filing
Performant Financial Corp 4
Accession 0000899243-17-006929
$PHLTCIK 0001550695operating
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 6:10 AM ET
Size
16.2 KB
Accession
0000899243-17-006929
Insider Transaction Report
Form 4
Orvell Hakan
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2017-03-06$1.71/sh−8,209$14,037→ 46,688 total - Exercise/Conversion
Restricted Stock Units
2017-03-07+30,000→ 90,000 total→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2017-03-06+18,750→ 54,897 total - Exercise/Conversion
Common Stock
2017-03-07+30,000→ 76,688 total - Exercise/Conversion
Restricted Stock Units
2016-03-06+18,750→ 18,750 total→ Common Stock (18,750 underlying) - Tax Payment
Common Stock
2017-03-07$1.65/sh−12,374$20,417→ 64,314 total
Holdings
- 25,750
Restricted Stock Units
→ Common Stock (25,750 underlying)
Footnotes (5)
- [F1]Shares surrendered to pay tax liability due on vesting of Restricted Stock Units.
- [F2]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.
- [F3]Restricted Stock Unit Award granted on February 22, 2016. 25% of the shares vested on March 7, 2016, with 25% more vesting on each of the first, second and third anniversaries of the initial vest date, provided that the Reporting Person remains in continuous service through each vest date.
- [F4]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.
- [F5]Restricted Stock Unit Award granted on June 17, 2015. Upon the achievement of certain financial metrics the grant vested with respect to 50% of the awarded stock units on March 5, 2016, and 25% of the grant on March 5, 2017, and 25% of the grant will vest on March 5, 2018, provided that the Reporting Person remains in continuous service through each vest date.
Documents
Issuer
Performant Financial Corp
CIK 0001550695
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001550695
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 6:10 AM ET
- Size
- 16.2 KB