Sides David William 4
4 · NEXTGEN HEALTHCARE, INC. · Filed Sep 26, 2022
Insider Transaction Report
Form 4
Sides David William
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2022-09-22+24,334→ 673,715 total - Tax Payment
Common Stock
2022-09-22$17.02/sh−11,256$191,577→ 662,459 total - Tax Payment
Common Stock
2022-09-22$17.02/sh−72,627$1,236,112→ 589,832 total - Exercise/Conversion
Performance Stock Units
2022-09-22−24,334→ 425,666 total→ Common Stock (24,334 underlying)
Footnotes (4)
- [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]Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock.
- [F4]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. 73,000 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 48,666 performance stock units tied to the $19.38 stock price milestone will vest in equal installments on September 22, 2023 and September 22, 2024.