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4//SEC Filing

ORDAN MARK S 4

Accession 0001209191-21-054168

CIK 0000893949other

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 7:49 PM ET

Size

10.1 KB

Accession

0001209191-21-054168

Insider Transaction Report

Form 4
Period: 2021-08-30
ORDAN MARK S
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2021-08-30$17.65/sh+95,000$1,676,750303,425 total
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2021-08-30$17.65/sh95,000$1,676,750455,331 total
    Exercise: $17.65Exp: 2023-10-10Common Stock (95,000 underlying)
  • Sale

    Common Stock

    2021-08-30$35.09/sh95,000$3,333,550208,425 total
Footnotes (3)
  • [F1]Shares acquired upon exercise of Stock Options granted pursuant to Issuer's Amended and Restated 2008 Incentive Compensation Plan (the "Plan").
  • [F2]The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions with prices ranging from $34.965 to $35.235 for a weighted average sales price of $35.09. The reporting person undertakes to provide the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F3]Option to purchase shares of common stock granted on July 12, 2020 ("Grant Date") under the Plan that vested as follows: (i) 175,747 shares became exercisable when the Issuer's common stock price closed at $22 per share (or above) for 40 consecutive trading days before the third anniversary of the Grant Date (the "Performance End Date"); (ii) 181,160 shares became exercisable when the Issuer's common stock price closed at $25 per share (or above) for 40 consecutive trading days before the Performance End Date; and (iii) 193,424 shares became exercisable when the Issuer's common stock price closed at $29 per share (or above) for 40 consecutive trading days before the Performance End Date, in each case subject to the reporting person's Employment Agreement and provided that no option shares vested prior to the one-year anniversary of the Grant Date.

Issuer

MEDNAX, INC.

CIK 0000893949

Entity typeother

Related Parties

1
  • filerCIK 0001208541

Filing Metadata

Form type
4
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 7:49 PM ET
Size
10.1 KB