Ramsayer Lee Raymond 4
4 · Houghton Mifflin Harcourt Co · Filed Mar 1, 2019
Insider Transaction Report
Form 4
Ramsayer Lee Raymond
See Remarks
Transactions
- Tax Payment
Common Stock
2019-02-27$8.49/sh−5,205$44,190→ 34,878 total - Exercise/Conversion
Common Stock
2019-02-27+17,143→ 40,083 total - Exercise/Conversion
Restricted Stock Units
2019-02-27−17,143→ 34,286 total→ Common Stock (17,143 underlying)
Holdings
- 390(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]17,143 restricted stock units held by Mr. Ramsayer vested on February 27, 2019 and were settled in exchange for a like amount of shares of Houghton Mifflin Harcourt Company's (the "Company") common stock, subject to the Company's withholding of 5,205 shares of common stock to satisfy withholding obligations in connection with federal, state, local or other taxes required to be withheld or paid in connection with the settlement of the restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F3]The remaining restricted stock units shall vest in two equal installments on February 27, 2020 and February 27, 2021, subject to continued employment with the Company.