Home/Filings/4/0001209191-20-023254
4//SEC Filing

August Raymond Alexander 4

Accession 0001209191-20-023254

CIK 0001576169other

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 5:03 PM ET

Size

11.7 KB

Accession

0001209191-20-023254

Insider Transaction Report

Form 4
Period: 2020-04-01
August Raymond Alexander
Chief Operating Officer
Transactions
  • Exercise/Conversion

    Performance Restricted Stock Units

    2020-04-011,6823,923 total
    Exp: 2020-04-01Common Stock (1,682 underlying)
  • Disposition to Issuer

    Performance Restricted Stock Units

    2020-04-0174,7330 total
    Exp: 2023-04-01Common Stock (74,733 underlying)
  • Disposition to Issuer

    Performance Restricted Stock Units

    2020-04-013,9230 total
    Exp: 2020-04-01Common Stock (3,923 underlying)
  • Exercise/Conversion

    Common Stock

    2020-04-01+1,682513,607 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.

Issuer

Benefitfocus,Inc.

CIK 0001576169

Entity typeother

Related Parties

1
  • filerCIK 0001616278

Filing Metadata

Form type
4
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:03 PM ET
Size
11.7 KB