Haughton Jeffrey 4
4 · Performant Financial Corp · Filed Mar 9, 2018
Insider Transaction Report
Form 4
Haughton Jeffrey
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2018-03-07$2.86/sh+22,500$64,350→ 109,054 total - Tax Payment
Common Stock, par value $0.0001 per share
2018-03-07$2.86/sh−7,781$22,254→ 101,273 total - Exercise/Conversion
Restricted Stock Units
2018-03-07−22,500→ 45,000 total→ Common Stock (22,500 underlying)
Footnotes (3)
- [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 the Reporting Person.
- [F3]Restricted Stock Unit award was granted on 02/22/16. 25% of the shares vested on March 7, 2017 and 25% of the shares vested on March 7, 2018, with 25% more vesting on each of the second and third anniversaries of the initial vest date, provided that the Reporting Person remains in continuous service through each vest date.