NIC INC 4
4 · NIC INC · Filed Feb 27, 2017
Insider Transaction Report
Form 4
NIC INCEGOV
Knapp Robert W
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock
2017-02-24−4,189→ 228,493 total - Other
Common Stock
2017-02-24+962→ 229,455 total - Tax Payment
Common Stock
2017-02-24$21.90/sh−6,924$151,636→ 222,531 total
Footnotes (3)
- [F1]Forfeiture of shares related to the previously reported performance-based restricted stock award granted on February 24, 2014. Such award represented the maximum number of shares that could be earned at the end of a three-year performance period ending December 31, 2016. 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 24, 2014.
- [F3]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares.