KOVZAN STEPHEN M 4
4 · NIC INC · Filed Feb 26, 2019
Insider Transaction Report
Form 4
NIC INCEGOV
KOVZAN STEPHEN M
Chief Financial Officer
Transactions
- Other
Common Stock
2019-02-22+704→ 276,733 total - Disposition to Issuer
Common Stock
2019-02-22−12,231→ 276,029 total - Tax Payment
Common Stock
2019-02-22$17.26/sh−9,851$170,028→ 266,882 total - Tax Payment
Common Stock
2019-02-23$17.26/sh−1,191$20,557→ 265,691 total
Footnotes (4)
- [F1]Forfeiture of shares related to the previously reported performance-based restricted stock award granted on February 22, 2016. Such award represented the maximum number of shares that could be earned at the end of a three-year performance period ending December 31, 2018. The actual number of shares earned was based on the Company's performance related to specified performance criteria over the performance period.
- [F2]Additional shares awarded to Reporting Person from stock dividends on earned performance-based restricted stock award granted on February 22, 2016.
- [F3]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares.
- [F4]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares.