August Raymond Alexander 4
4 · Benefitfocus,Inc. · Filed Apr 3, 2020
Insider Transaction Report
Form 4
August Raymond Alexander
Chief Operating Officer
Transactions
- Exercise/Conversion
Performance Restricted Stock Units
2020-04-01−1,682→ 3,923 totalExp: 2020-04-01→ Common Stock (1,682 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2020-04-01−74,733→ 0 totalExp: 2023-04-01→ Common Stock (74,733 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2020-04-01−3,923→ 0 totalExp: 2020-04-01→ Common Stock (3,923 underlying) - Exercise/Conversion
Common Stock
2020-04-01+1,682→ 513,607 total
Footnotes (2)
- [F1]Shares earned upon the vesting of a percentage of the performance restricted stock units ("PRSUs") granted to the Reporting Person on April 1, 2019. Each PRSU represented a contingent right to receive one share of Issuer common stock upon the Issuer's achievement of an annual revenue goal and an adjusted EBITDA goal, during the period of January 1, 2019 through December 31, 2019.
- [F2]Represents the portion of PRSUs that were forfeited to the Issuer after determining the percentage of PRSUs that vested.