HMS HOLDINGS CORP 4
4 · HMS HOLDINGS CORP · Filed Nov 18, 2013
Insider Transaction Report
Form 4
Perrin Maria
Other
Transactions
- Award
Non Qualified Stock Options (Right to Buy)
2013-11-15+61,037→ 61,037 totalExercise: $21.36From: 2013-11-15Exp: 2020-11-14→ Common Stock (61,037 underlying)
Footnotes (2)
- [F1]50% of the stock options vests ratably over 3 years on each anniversary of the grant date (each an "Exercise Date"); the remaining 50% will vest on each Exercise Date provided the following performance condition is met: average closing price/share must be at least 25% higher than the exercise price/share in any consecutive 30 calendar day period preceding each Exercise Date (the "Performance Goal"). If the Performance Goal is not met before the first Exercise Date, the first tranche of performance options will not vest; if the Performance Goal is met prior to the second Exercise Date, the first two tranches of performance options will vest on the second Exercise Date and the third tranche will vest on the third Exercise Date; if the Performance Goal is not met until after the third Exercise Date, the performance options will vest in full on the third Exercise Date; if the Performance Goal is not met over the three year period, the performance options will terminate.
- [F2]Only represents the derivitive securities in this class.