LINTON JEFFREY D 4
4 · NEXTGEN HEALTHCARE, INC. · Filed Sep 25, 2023
Insider Transaction Report
Form 4
LINTON JEFFREY D
EVP, General Counsel/Secretary
Transactions
- Exercise/Conversion
Performance Stock Units
2023-09-22−3,384→ 3,384 total→ Common Stock (3,384 underlying) - Exercise/Conversion
Common Stock
2023-09-22+3,384→ 108,334 total - Tax Payment
Common Stock
2023-09-22$23.65/sh−1,677$39,661→ 106,657 total
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. 10,152 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 3,384 performance stock units tied to the $19.38 stock price milestone will vest on September 22, 2024.