Archer Ellen 4
4 · Houghton Mifflin Harcourt Co · Filed Mar 3, 2020
Insider Transaction Report
Form 4
Archer Ellen
See remarks.
Transactions
- Exercise/Conversion
Common Stock
2020-02-28+6,034→ 33,547 total - Tax Payment
Common Stock
2020-02-28$5.47/sh−5,087$27,826→ 35,612 total - Tax Payment
Common Stock
2020-02-28$5.47/sh−3,154$17,252→ 30,393 total - Exercise/Conversion
Common Stock
2020-02-28+10,306→ 40,699 total - Exercise/Conversion
Restricted Stock Units
2020-02-28−6,034→ 0 total→ Common Stock (6,034 underlying)
Footnotes (3)
- [F1]6,034 restricted stock units held by Ms. Archer vested on February 28, 2020 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 3,154 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]10,306 performance stock units held by Ms. Archer vested on February 28, 2020 and were settled in exchange for a like amount of shares of the Company's common stock, subject to the Company's withholding of 5,087 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 performance stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.