Louks Ronald Allen 4
4 · NantHealth, Inc. · Filed May 5, 2020
Insider Transaction Report
Form 4
Louks Ronald Allen
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2020-05-01+125,195→ 361,818 total - Tax Payment
Common Stock
2020-05-01$2.81/sh−55,962$157,253→ 305,856 total - Exercise/Conversion
Restricted Stock Units
2020-05-01−125,195→ 0 total→ Common Stock (125,195 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of NantHealth, Inc. common stock.
- [F2]Subject to the Reporting Person's continuing to be a service provider (as defined in the 2016 Equity Incentive Plan) through each applicable vesting date, 25% of the RSUs shall vest on November 6, 2017, with the remaining 75% of the RSUs to vest annually in equal installments, beginning on May 1, 2018. Upon vesting, the issuer will withhold shares sufficient to satisfy tax withholding obligations; the issuer will then be responsible for remitting a cash payment for the related withholding taxes; and the issuer will issue to the Reporting Person a net lower number of shares.