DOLAN MICHAEL 4
4 · Houghton Mifflin Harcourt Co · Filed Mar 9, 2021
Insider Transaction Report
Form 4
DOLAN MICHAEL
See remarks.
Transactions
- Sale
Common Stock
2021-03-08$6.23/sh−3,033$18,896→ 69,345 total - Exercise/Conversion
Common Stock
2021-03-05+6,452→ 72,378 total - Exercise/Conversion
Restricted Stock Units
2021-03-05−6,452→ 6,452 total→ Common Stock (6,452 underlying)
Footnotes (3)
- [F1]6,452 restricted stock units held by Mr. Dolan vested on March 5, 2021 and were settled in exchange for a like amount of shares of Houghton Mifflin Harcourt Company's (the "Company") common stock, subject to the sale of 3,033 shares of common stock to satisfy withholding obligations in connection with federal, state, local or other taxes required to be withheld or paid in connection with the settlement of the restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F3]The remaining restricted stock units shall vest on March 5, 2022, subject to continued employment with the Company.