Arnold James Robert Jr. 4
4 · NEXTGEN HEALTHCARE, INC. · Filed Sep 25, 2023
Insider Transaction Report
Form 4
Arnold James Robert Jr.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-09-22+9,400→ 545,229 total - Exercise/Conversion
Performance Stock Units
2023-09-22−9,400→ 9,400 total→ Common Stock (9,400 underlying)
Footnotes (2)
- [F1]Performance stock units convert to shares of NXGN common stock on a one-for-one basis once fully vested.
- [F2]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. 28,200 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, 2023, 2/3 of the performance stock units tied to the $19.38 stock price milestone are fully vested. The remaining 9,400 performance stock units tied to the $19.38 stock price milestone will vest on September 22, 2024.