Ray Jeff 4
4 · BRIGHTCOVE INC · Filed Apr 29, 2020
Insider Transaction Report
Form 4
BRIGHTCOVE INCBCOV
Ray Jeff
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2020-04-28$8.88/sh−30,208$268,247→ 264,792 total - Award
Common Stock
2020-04-28+200,000→ 295,000 total
Footnotes (2)
- [F1]These shares were acquired pursuant to a performance-based restricted stock unit award under the Brightcove Inc. 2018 Inducement Plan. Each performance-based restricted stock unit represents a contingent right to receive one share of Brightcove Inc. common stock. The performance-based restricted stock units are vested with respect to 50% of the shares on April 28, 2020 and the remaining 50% of the shares will vest on April 28, 2021.
- [F2]Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.