SAINE TOM 4
4 · Spok Holdings, Inc · Filed Mar 9, 2018
Insider Transaction Report
Form 4
SAINE TOM
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
2018-03-09$15.90/sh−2,546$40,481→ 15,298 total - Disposition to Issuer
Restricted Stock Units
2018-03-09−5,940→ 32,719 total→ Common Stock (5,940 underlying) - Exercise/Conversion
Common Stock
2018-03-09+5,940→ 17,844 total - Exercise/Conversion
Restricted Stock Units
2018-03-09−5,940→ 38,659 total→ Common Stock (5,940 underlying)
Footnotes (5)
- [F1]On March 9, 2018, shares were issued upon vesting of Restricted Stock Units ("RSUs") granted to Mr. Saine under the Spok Holdings, Inc. 2015 Long Term Incentive Plan (the "2015 LTIP").
- [F2]RSUs were granted to Mr. Saine under the 2015 LTIP. Each RSU represents a contingent right to receive one share of the issuer's Common Stock.
- [F3]On March 9, 2018 Mr. Saine surrendered 2,546 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 2015 Long Term Incentive Plan. The price was based on the closing price per share of March 2, 2018 as reported on NASDAQ.
- [F4]On March 9, 2018 5,940 shares vested under the 2015 LTIP.
- [F5]On March 9, 2018, 5,940 shares were forfeited due to performance criteria of the 2015 LTIP not being met.