4//SEC Filing
Jackson Steven D. 4
Accession 0001140361-18-018960
CIK 0000070487other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 5:46 PM ET
Size
17.8 KB
Accession
0001140361-18-018960
Insider Transaction Report
Form 4
NATIONAL RESEARCH CORPNRCIA/B
Jackson Steven D.
President
Transactions
- Disposition to Issuer
Class B Common Stock
2018-04-17−15,245→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-04-17−2,935→ 0 totalExercise: $40.54Exp: 2027-01-04→ Class B Common Stock (2,935 underlying) - Award
Common Stock
2018-04-17+15,245→ 108,478 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2018-04-17−3,589→ 0 totalExercise: $34.00Exp: 2026-01-05→ Class B Common Stock (3,589 underlying) - Award
Common Stock
2018-04-17+1,989→ 110,467 total - Tax Payment
Common Stock
2018-04-17$33.55/sh−4,991$167,448→ 105,476 total
Holdings
- 21,535
Employee Stock Option (Right to Buy)
Exercise: $15.23Exp: 2026-01-05→ Common Stock (21,535 underlying) - 17,608
Employee Stock Option (Right to Buy)
Exercise: $18.80Exp: 2027-01-04→ Common Stock (17,608 underlying) - 12,228
Employee Stock Option (Right to Buy)
Exercise: $36.80Exp: 2028-01-03→ Common Stock (12,228 underlying)
Footnotes (5)
- [F1]On April 17, 2018, the Issuer completed a recapitalization whereby the Issuer exchanged one share of its then-existing class A common stock, plus $19.59 in cash, without interest, for each share of its then-existing class B common stock and, following such exchange, each share of class A common stock was reclassified as a share of Common Stock (the "Recapitalization").
- [F2]Pursuant to the Recapitalization, all outstanding options to purchase class B common stock were vested in full and cancelled. In exchange for the option, the reporting person received one share of common stock, plus $19.59 in cash for each class B option, less the exercise price per share of the option and any applicable tax withholding.
- [F3]This option becomes fully exercisable on January 5, 2021.
- [F4]This option becomes fully exercisable on January 4, 2022.
- [F5]This option becomes fully exercisable on January 3, 2023.
Documents
Issuer
NATIONAL RESEARCH CORP
CIK 0000070487
Entity typeother
Related Parties
1- filerCIK 0001654405
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 5:46 PM ET
- Size
- 17.8 KB