Beaulieu David 4
4 · Cotiviti Holdings, Inc. · Filed Jul 18, 2018
Insider Transaction Report
Form 4
Beaulieu David
SVP and COO
Transactions
- Exercise/Conversion
Options (right to buy)
2018-07-16−5,000→ 104,960 totalExercise: $11.33Exp: 2024-09-26→ Common Stock, par value $0.001 (5,000 underlying) - Exercise/Conversion
Common Stock, par value $0.001
2018-07-16$11.33/sh+5,000$56,650→ 44,814 total - Sale
Common Stock, par value $0.001
2018-07-16$44.41/sh−5,000$222,050→ 39,814 total
Footnotes (4)
- [F1]Includes 125 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan on June 29, 2018.
- [F2]The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 25, 2017.
- [F3]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.28 to $44.46, inclusive. The Reporting Person undertakes to provide upon request to Cotiviti Holdings, Inc., any security holder of Cotiviti Holdings, Inc. or to the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).
- [F4]These options ("Performance Awards") vest based on upon the weighted average price of the Issuer's common stock for any fiscal quarter exceeding a value that shall be calculated by the Issuer at the end of each such fiscal quarter in accordance with Stock Option Award Agreement pursuant to which such Performance Awards were granted, subject to the Reporting Person's continued service through each applicable vesting date. All of these Performance Awards had vested as of September 30, 2016.