Andreano Dominic J 4
4 · MEDNAX, INC. · Filed Sep 29, 2020
Insider Transaction Report
Form 4
Andreano Dominic J
Sr.VP,General Counsel & Secy.
Transactions
- Award
Employee Stock Option (right to buy)
2020-09-26+96,000→ 96,000 totalExercise: $16.14From: 2021-09-26Exp: 2023-12-26→ Common Stock (96,000 underlying) - Award
Common Stock
2020-09-26+21,686→ 75,394 total
Footnotes (2)
- [F1]Restricted shares of the Issuer's common stock ("Common Stock") granted pursuant to Issuer's Amended and Restated 2008 Incentive Compensation Plan (the "Plan"). Such shares vest as follows: (i) 10,843 shares vest on the second anniversary of the grant date and (ii) 10,843 shares vest on the third anniversary of the grant date, subject to the terms of the Plan.
- [F2]Option to purchase shares of Common Stock awarded under the Plan that vests as follows: (A) 30,500 shares are exercisable if and when the Issuer's Common Stock price closes at $22 per share (or above) for any 40 consecutive trading days before the third anniversary of the grant date ("Performance End Date"); (B) 31,500 shares are exercisable if and when the Issuer's Common Stock closes at $25 per share (or above) for any 40 consecutive trading days before the Performance End Date; and (C) 34,000 shares are exercisable if and when the Issuer's Common Stock price closes at $29 (or above) for any 40 consecutive trading days before the Performance End Date, provided that no option shares will vest prior to the one-year anniversary of the grant date.