Wegner Alpana 4

4 · Benefitfocus, Inc. · Filed Jan 25, 2023

Form 4

Period: 2023-01-24

Chief Financial Officer

Transactions

Disposition to Issuer
Common Stock
2023-01-24−129,151→ 209,224 total
Disposition to Issuer
Performance Restricted Stock Units
2023-01-24−3,818→ 0 total
Exp: 2023-04-01→ Common Stock (3,818 underlying)
Disposition to Issuer
Performance Restricted Stock Units
2023-01-24−53,168→ 0 total
Exp: 2026-04-01→ Common Stock (53,168 underlying)
Tax Payment
Common Stock
2023-01-24$10.45/sh−2,008$20,984→ 207,216 total
Disposition to Issuer
Performance Restricted Stock Units
2023-01-24−32,851→ 53,168 total
Exp: 2026-04-01→ Common Stock (32,851 underlying)
Disposition to Issuer
Common Stock
2023-01-24−207,216→ 0 total

Footnotes (3)

[F1]On January 24, 2023, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated November 1, 2022, by and among the Issuer, Voya Financial, Inc. ("Voya") and Origami Squirrel Acquisition Corp. (the "Merger Sub"), as amended, the Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Voya. Pursuant to the Merger Agreement, at the effective time of the Merger each share of the Issuer's common stock was exchanged for the Per Share Common Stock Merger Consideration of $10.50, without interest.
[F2]On January 24, 2023, the Merger took effect and these equity awards for the Issuer's common stock were exchanged for equity awards of Voya common stock in accordance with the Merger Agreement.
[F3]Represents the portion of PRSUs that were forfeited to the Issuer.

Documents

1 file