4//SEC Filing
Holland Mason R Jr 4
Accession 0001209191-20-023258
CIK 0001576169other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:04 PM ET
Size
13.3 KB
Accession
0001209191-20-023258
Insider Transaction Report
Form 4
Holland Mason R Jr
DirectorExecutive Chairman of the Bd.10% Owner
Transactions
- Disposition to Issuer
Performance Restricted Stock Units
2020-04-01−2,435→ 0 totalExp: 2020-04-01→ Common Stock (2,435 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2020-04-01−6,956→ 0 totalExp: 2023-04-01→ Common Stock (6,956 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2020-04-01−1,043→ 2,435 totalExp: 2020-04-01→ Common Stock (1,043 underlying) - Exercise/Conversion
Common Stock
2020-04-01+1,043→ 60,669 total
Holdings
- 5(indirect: As custodian for minor son)
Common Stock
- 2,649,099(indirect: By Trust)
Common Stock
Footnotes (3)
- [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]These shares are held in a living trust for the benefit of the Reporting Person and his spouse. The Reporting Person shares voting and investment control over these shares.
- [F3]Represents the portion of PRSUs that were forfeited to the Issuer after determining the percentage of PRSUs that vested.
Documents
Issuer
Benefitfocus,Inc.
CIK 0001576169
Entity typeother
Related Parties
1- filerCIK 0001586540
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 5:04 PM ET
- Size
- 13.3 KB