Home/Filings/4/0001140361-17-034317
4//SEC Filing

Hershberger Michael D 4

Accession 0001140361-17-034317

CIK 0001561387other

Filed

Sep 4, 8:00 PM ET

Accepted

Sep 5, 4:50 PM ET

Size

37.6 KB

Accession

0001140361-17-034317

Insider Transaction Report

Form 4
Period: 2017-08-31
Hershberger Michael D
Chief Financial Officer
Transactions
  • Sale

    Class A Common Stock

    2017-08-31$34.81/sh2,500$87,01794,569 total
  • Sale

    Class A Common Stock

    2017-09-01$33.74/sh400$13,49589,569 total
  • Exercise/Conversion

    Class A Common Stock

    2017-09-01$10.45/sh+15,000$156,750104,569 total
  • Exercise/Conversion

    Class A Common Stock

    2017-09-01$4.99/sh+7,500$37,425112,156 total
  • Disposition to Issuer

    Class A Common Stock

    2017-09-01$33.81/sh1,113$37,631111,043 total
  • Sale

    Class A Common Stock

    2017-09-01$33.81/sh2,222$75,126108,821 total
  • Sale

    Class A Common Stock

    2017-09-01$30.45/sh100$3,04590,769 total
  • Disposition to Issuer

    Class A Common Stock

    2017-09-01$28.96/sh4,659$134,94899,910 total
  • Sale

    Class A Common Stock

    2017-09-01$28.96/sh3,597$104,18796,313 total
  • Disposition to Issuer

    Class A Common Stock

    2017-09-01$32.02/sh2,207$70,660109,106 total
  • Exercise/Conversion

    Stock Appreciation Rights

    2017-09-0115,00010,000 total
    Exercise: $10.45Exp: 2021-05-21Common Stock (15,000 underlying)
  • Exercise/Conversion

    Stock Appreciation Rights

    2017-09-0115,00015,000 total
    Exercise: $4.95Exp: 2022-07-01Common Stock (15,000 underlying)
  • Sale

    Class A Common Stock

    2017-09-01$28.36/sh400$11,34594,169 total
  • Sale

    Class A Common Stock

    2017-09-01$29.10/sh3,300$96,02790,869 total
  • Sale

    Class A Common Stock

    2017-09-01$32.09/sh800$25,67089,969 total
  • Exercise/Conversion

    Class A Common Stock

    2017-09-01$4.95/sh+15,000$74,250111,313 total
  • Sale

    Class A Common Stock

    2017-09-01$32.02/sh4,450$142,473104,656 total
  • Exercise/Conversion

    Stock Appreciation Rights

    2017-09-017,50022,500 total
    Exercise: $4.99Exp: 2022-09-16Common Stock (7,500 underlying)
Holdings
  • Stock Appreciation RIghts

    Exercise: $5.20Exp: 2023-09-16Common Stock (40,972 underlying)
    40,972
Footnotes (12)
  • [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.75 to $34.90, inclusive. The Reporting Person undertakes to provide Health Insurance Innovations Inc. (the "Company"), any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F10]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.00 to $32.15, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F11]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.80 to $33.90, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F12]Shares retained by the issuer to satisfy the exercise price of stock appreciation rights exercised by the reporting person.
  • [F2]Sale made pursuant to 10b5-1 plan executed on November 18, 2016.
  • [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.85 to $28.70, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $29.00 to $29.0990, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.90 to $32.85, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F6]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.65 to $33.80, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F7]These stock-settled stock appreciation rights were granted under the Long Term Incentive Plan of Health Insurance Innovations, Inc. (the "Plan") and vest 20% on the first three anniversaries of grant date and 40% on the fourth anniversary, subject to the terms of the Plan and an award agreement under the Plan.
  • [F8]These stock-settled stock appreciation rights were granted under the Plan and vest 25% on the first and second anniversaries of grant date and 50% on the third anniversary, subject to the terms of the Plan and an award agreement under the Plan.
  • [F9]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $28.90 to $29.00, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Documents

1 file

Issuer

Health Insurance Innovations, Inc.

CIK 0001561387

Entity typeother

Related Parties

1
  • filerCIK 0001569128

Filing Metadata

Form type
4
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 4:50 PM ET
Size
37.6 KB