Rosser Troy D 4
4 · COMPUTER PROGRAMS & SYSTEMS INC · Filed Mar 9, 2020
Insider Transaction Report
Form 4
Rosser Troy D
Vice President - Sales
Transactions
- Award
Common Stock
2020-03-06+6,030→ 47,539 total - Award
Common Stock
2020-03-06+2,905→ 50,444 total
Footnotes (2)
- [F1]Represents a grant of restricted stock that vests in three annual installments of one-third each beginning on the first anniversary of the grant date. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.
- [F2]Represents the issuance of shares of restricted stock of the issuer pursuant to the performance share award granted to the reporting person on March 7, 2019 based on the issuer's performance during the performance period from January 1, 2019 through December 31, 2019. The shares of restricted stock vest in three annual installments of one-third each beginning on the first anniversary of the vesting commencement date, March 6, 2020. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.