Archer Ellen 4
4 · Houghton Mifflin Harcourt Co · Filed Mar 9, 2020
Insider Transaction Report
Form 4
Archer Ellen
See remarks.
Transactions
- Tax Payment
Common Stock
2020-03-05$4.98/sh−3,969$19,766→ 40,245 total - Exercise/Conversion
Restricted Stock Units
2020-03-05−8,602→ 17,204 total→ Common Stock (8,602 underlying) - Exercise/Conversion
Common Stock
2020-03-05+8,602→ 44,214 total
Footnotes (3)
- [F1]8,602 restricted stock units held by Ms. Archer vested on March 5, 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 3,969 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 March 5, 2021 and March 5, 2022, subject to continued employment with the Company.