NIC INC 4
4 · NIC INC · Filed Feb 24, 2017
Insider Transaction Report
Form 4
NIC INCEGOV
Knapp Robert W
Executive Vice President
Transactions
- Award
Common Stock
2017-02-22+14,034→ 210,491 total - Tax Payment
Common Stock
2017-02-22$22.00/sh−2,035$44,770→ 196,457 total - Award
Common Stock
2017-02-22+23,437→ 233,928 total - Tax Payment
Common Stock
2017-02-23$22.00/sh−1,246$27,412→ 232,682 total
Footnotes (4)
- [F1]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares granted February 22, 2016.
- [F2]Service-based restricted stock award which vests in four annual installments beginning on February 22, 2018 and each anniversary thereafter.
- [F3]Performance-based restricted stock award which will vest on February 22, 2020, based upon satisfaction of certain performance metrics achieved during a performance period beginning on January 1, 2017 and ending on December 31, 2019.
- [F4]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares granted February 23, 2015.