4//SEC Filing
Frantz John R 4
Accession 0001209191-18-056201
CIK 0000708818other
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 5:22 PM ET
Size
12.4 KB
Accession
0001209191-18-056201
Insider Transaction Report
Form 4
Frantz John R
CEO and President
Transactions
- Award
COMMON STOCK
2018-10-23+190,000→ 299,264 total - Award
Performance stock units
2018-10-23+101,600→ 101,600 total→ Common stock (101,600 underlying)
Footnotes (2)
- [F1]These shares of restricted stock vest over four years from the date of grant in semi-annual increments as follows: 15% vest at 6 months; 15% vest at 12 months; 15% vest at 18 months; 15% vest at 24 months; 15% vest at 30 months, 15% vest at 36 months; 5% vest at 42 months; and 5% vest at 48 months.
- [F2]Represent performance stock unit awards vesting in the event certain performance goals are achieved and there is continuous service through the date the goals are certified. Approximately 34% of the performance stock units are tied to the Issuer's cumulative 3-year TSR goals, 33% are tied to the issuer's fiscal year 2021 revenues and 33% are tied to the issuer fiscal year 2021 adjusted EPS goals.The number of shares to be issued may vary between fifty percent and two hundred percent of the number of performance stock units depending on performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the attainment of the goals at target or one hundred percent.
Issuer
NEXTGEN HEALTHCARE, INC.
CIK 0000708818
Entity typeother
Related Parties
1- filerCIK 0001645338
Filing Metadata
- Form type
- 4
- Filed
- Oct 24, 8:00 PM ET
- Accepted
- Oct 25, 5:22 PM ET
- Size
- 12.4 KB