Spok Holdings, Inc 4
4 · Spok Holdings, Inc · Filed Mar 13, 2015
Insider Transaction Report
Form 4
Balmforth Colin
President of Amcom Software, I
Transactions
- Exercise/Conversion
Restricted Stock Units
2015-03-13−50,598→ 15,120 total→ Common Stock (50,598 underlying) - Tax Payment
Common Stock
2015-03-13$17.36/sh−18,798$326,333→ 46,920 total - Exercise/Conversion
Common Stock
2015-03-13+50,598→ 65,718 total
Footnotes (4)
- [F1]On March 13, 2015, shares were issued upon vesting of Restricted Stock Units ("RSUs") granted to Mr. Balmforth under the Spok Holdings, Inc. 2011 Long Term Incentive Plan (the "2011 LTIP").
- [F2]RSUs were granted to Mr. Balmforth under the 2011 LTIP. Each RSU represents a contingent right to receive one share of the issuer's Common Stock.
- [F3]On March 13 2015, Mr. Balmforth surrendered 18,798 shares of Spok Holdings, Inc. ("the Company") common stock to the Company in payment of required tax withholdings due upon vesting of the Company's 2011 Long Term Incentive Plan. The price was based on the closing price per share of March 6, 2015 as reported on NASDAQ.
- [F4]On March 13, 2015, 50,598 shares vested under the 2011 LTIP.