Greene Donna Cullen 4
4 · NEXTGEN HEALTHCARE, INC. · Filed Sep 26, 2022
Insider Transaction Report
Form 4
Greene Donna Cullen
EVP, Human Resources
Transactions
- Tax Payment
Common Stock
2022-09-22$17.02/sh−781$13,293→ 59,570 total - Exercise/Conversion
Common Stock
2022-09-22+2,256→ 60,351 total - Exercise/Conversion
Performance Stock Units
2022-09-22−2,256→ 63,194 total→ Common Stock (2,256 underlying)
Footnotes (3)
- [F1]Performance stock units convert to shares of NXGN common stock on a one-for-one basis once fully vested.
- [F2]Represents shares withheld to satisfy tax withholding obligations on the vesting of performance stock units.
- [F3]The reporting person was granted performance stock units that vest upon both the attainment of four separate pre-determined stock price milestones and continued service over a period of three years commencing September 22, 2021. 6,768 of these performance stock units were tied to a stock price milestone of $19.38, which was met in April 2022. As of September 22, 2022, 1/3 of the performance stock units tied to the $19.38 stock price milestone are fully vested. The remaining 4,512 performance stock units tied to the $19.38 stock price milestone will vest in equal installments on September 22, 2023 and September 22, 2024.