Bayers William Frederick 4
4 · Houghton Mifflin Harcourt Co · Filed Mar 8, 2022
Insider Transaction Report
Form 4
Bayers William Frederick
See Remarks
Transactions
- Tax Payment
Common Stock
2022-03-05$20.92/sh−4,228$88,450→ 90,839 total - Tax Payment
Common Stock
2022-03-05$20.92/sh−12,180$254,806→ 105,917 total - Award
Common Stock
2022-03-05+27,258→ 118,097 total - Exercise/Conversion
Restricted Stock Units
2022-03-05−9,463→ 0 total→ Common Stock (9,463 underlying) - Exercise/Conversion
Common Stock
2022-03-05+9,463→ 95,067 total
Footnotes (3)
- [F1]9,463 restricted stock units held by Mr. Bayers 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 4,228 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]27,258 performance stock units held by Mr. Bayers 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 12,180 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.