HEALTHWAYS, INC 4
4 · HEALTHWAYS, INC · Filed Sep 30, 2014
Insider Transaction Report
Form 4
HEALTHWAYS, INCHWAY
Farris Michael
NavvisHealthcare, LLC CEO
Transactions
- Other
Restricted Stock
2014-09-26−49,500→ 340,111 total(indirect: Held by MJLE, Inc.)
Footnotes (1)
- [F1]In August and September 2011, in connection with the acquisition of Navvis Healthcare, LLC ("Navvis") by Healthways, Inc. ("Healthways"), MJLE, Inc. ("MJLE") agreed to transfer an aggregate of 49,500 shares of Healthways restricted common stock (the "Restricted Shares") to certain employees of Navvis (the "Employees") pursuant to letter agreements entered into with each of the Employees (the "Letter Agreements"). The Letter Agreements provided that the Employees would be entitled to receive the Restricted Shares (which comprise part of the consideration received by equity holders of Navvis, including MJLE, in connection with the acquisition), for no additional consideration, if the Employees remained employed by Navvis, Healthways or any of their affiliates through September 1, 2014. The reporting person is the President of MJLE.