Knapp Robert W 4
4 · NIC INC · Filed Feb 26, 2018
Insider Transaction Report
Form 4
NIC INCEGOV
Knapp Robert W
Executive Vice President
Transactions
- Award
Common Stock
2018-02-22+22,536→ 216,606 total - Award
Common Stock
2018-02-22+37,636→ 254,242 total - Tax Payment
Common Stock
2018-02-23$13.75/sh−1,177$16,184→ 253,065 total - Disposition to Issuer
Common Stock
2018-02-23−17,885→ 235,180 total - Tax Payment
Common Stock
2018-02-24$13.75/sh−1,037$14,259→ 234,143 total - Tax Payment
Common Stock
2018-02-22$13.70/sh−1,539$21,084→ 195,992 total - Tax Payment
Common Stock
2018-02-22$13.70/sh−1,922$26,331→ 194,070 total
Footnotes (7)
- [F1]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares granted February 22, 2017.
- [F2]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares granted February 22, 2016.
- [F3]Service-based restricted stock award which vests in four annual installments beginning on February 22, 2019 and each anniversary thereafter.
- [F4]Performance-based restricted stock award which will vest on February 22, 2021, based upon satisfaction of certain performance metrics achieved during a performance period beginning on January 1, 2018 and ending on December 31, 2020.
- [F5]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares granted February 23, 2015.
- [F6]Forfeiture of shares related to the previously reported performance-based restricted stock award granted on February 23, 2015. Such award represented the maximum number of shares that could be earned at the end of a three-year performance period ending December 31, 2017.
- [F7]Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares granted February 24, 2014.