Simmons Darren 4
4 · Everi Holdings Inc. · Filed May 21, 2024
Insider Transaction Report
Form 4
Simmons Darren
EVP, FinTech Business Leader
Transactions
- Sale
Common Stock
2024-05-20$7.32/sh−1,619$11,851→ 197,322 total - Exercise/Conversion
Restricted Stock Units
2024-05-19−6,566→ 0 total→ Common Stock (6,566 underlying) - Sale
Common Stock
2024-05-21$7.37/sh−6,897$50,831→ 190,425 total - Award
Common Stock
2024-05-19+28,197→ 192,375 total - Exercise/Conversion
Common Stock
2024-05-19+6,566→ 198,941 total
Footnotes (7)
- [F1]Represents common stock acquired for performance stock units that vested related to the achievement of certain criteria and upon the third anniversary following the date of grant of May 19, 2021.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F3]The transaction reported on this line item on Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction.
- [F4]Represents the sale of shares of common stock initially acquired upon the settlement of restricted stock units and which were subsequently sold to satisfy the statutory tax obligation applicable to such settlement, in accordance with the Issuer's mandatory "sell to cover" policy" as described in footnote 3.
- [F5]The transaction reported on this line item on Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of performance stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction.
- [F6]Represents the sale of shares of common stock initially acquired upon the settlement of performance stock units and which were subsequently sold to satisfy the statutory tax obligation applicable to such settlement, in accordance with the Issuer's mandatory "sell to cover" policy" as described in footnote 5.
- [F7]Represents an original award of 19,700 restricted stock units to acquire shares of the Company's common stock that vested in equal installments on each of the first three anniversary dates following the date of grant of May 19, 2021.