Abbott Joseph Patrick Jr. 4
4 · Houghton Mifflin Harcourt Co · Filed Mar 8, 2022
Insider Transaction Report
Form 4
Abbott Joseph Patrick Jr.
See Remarks.
Transactions
- Tax Payment
Common Stock
2022-03-05$20.92/sh−31,003$648,583→ 221,660 total - Tax Payment
Common Stock
2022-03-05$20.92/sh−10,762$225,141→ 183,280 total - Exercise/Conversion
Common Stock
2022-03-05+24,086→ 194,042 total - Award
Common Stock
2022-03-05+69,383→ 252,663 total - Exercise/Conversion
Restricted Stock Units
2022-03-05−24,086→ 0 total→ Common Stock (24,086 underlying)
Footnotes (3)
- [F1]24,086 restricted stock units held by Mr. Abbott vested on March 5, 2022 and were settled in exchange for a like amount of shares of Houghton Mifflin Harcourt Company's (the "Company") common stock, subject to the Company withholding of 10,762 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]69,383 performance stock units held by Mr. Abbott vested on March 5, 2022 and were settled in exchange for a like amount of shares of Company common stock, subject to the Company's withholding of 31,003 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 performance stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.