Health Insurance Innovations, Inc. 4
4 · Health Insurance Innovations, Inc. · Filed Jun 10, 2016
Insider Transaction Report
Form 4
McNamee Patrick
DirectorCEO and President
Transactions
- Award
Stock Appreciation Rights
2016-06-08+172,090→ 172,090 totalExercise: $7.02Exp: 2023-06-08→ Class A Common Stock (172,090 underlying)
Holdings
- 125,000
Stock Appreciation Rights
Exercise: $6.77Exp: 2021-05-25→ Class A Common Stock (125,000 underlying) - 25,000(indirect: By Trust)
Class A Common Stock
- 425,000
Stock Appreciation Rights
Exercise: $4.33Exp: 2020-11-09→ Class A Common Stock (425,000 underlying) - 300,000
Stock Appreciation Rights
Exercise: $4.72Exp: 2022-06-08→ Class A Common Stock (300,000 underlying)
Footnotes (4)
- [F1]These stock-settled stock appreciation rights were previously granted under the Issuer's Long-Term Incentive Plan ("Plan") and vest as follows: (i) 125,000 on the first date on which the average trading price of the Company's Class A common stock is at or above $8.00 per share for the preceding 30 consecutive trading days, (ii) 250,000 on the first date on which the average trading price of the Company's Class A common stock is at or above $12.00 per share for the preceding 30 consecutive trading days and (iii) 50,000 on the first date on which the average trading price of the Company's Class A common stock is at or above $16.00 per share for the preceding 30 consecutive trading days, all subject to the terms of the Plan and an award agreement under the Plan.
- [F2]These stock-settled stock appreciation rights were granted under the Plan and will vest on the first date on which the average trading price of the Company's Class A common stock is at or above $16.00 per share for the preceding 30 consecutive trading days, subject to the terms of the Plan and an award agreement under the Plan.
- [F3]These stock-settled stock appreciation rights were previously granted under the Plan and are scheduled to vest in increments as follows: 25% on June 8, 2016; 25% on June 8, 2017; and 50% on June 8, 2018, subject to the terms of the Plan and an award agreement under the Plan.
- [F4]These stock-settled stock appreciation rights were granted under the Plan pursuant to the reporting person's employment agreement and are scheduled to vest in increments as follows: 25% on June 8, 2017, 25% on June 8, 2018, and 50% on June 19, 2019.