Bush Jonathan B 4
4 · ModivCare Inc · Filed Feb 10, 2022
Insider Transaction Report
Form 4
ModivCare IncMODV
Bush Jonathan B
SVP, GC and Secretary
Transactions
- Award
Common Stock
2022-02-08+476→ 1,723 total - Award
Employee Stock Option (Right to Buy)
2022-02-08+1,459→ 1,459 totalExercise: $110.07Exp: 2027-02-08→ Common Stock (1,459 underlying) - Award
Performance Restricted Stock Units
2022-02-08+953→ 953 totalExp: 2025-02-08→ Common Stock
Footnotes (3)
- [F1]Represents restricted stock units scheduled to vest as follows: (1) 159 shares will vest on February 8, 2023, (2) 158 shares will vest on February 8, 2024 and (3) 159 shares will vest on February 8, 2025, in each case, subject to the reporting person's continued employment.
- [F2]Option becomes exercisable with respect to: (1) 486 shares on February 8, 2023, (2) 487 shares on February 8, 2024 and (3) 486 shares on February 8, 2025, in each case, subject to the reporting person's continued employment.
- [F3]Represents the contingent right to receive a number of shares of issuer common stock determined by multiplying the number of performance units by a percentage from 50% to 200% that corresponds to specified share price thresholds measured by reference to a volume-weighted average price (VWAP) of the issuer's common stock over a specified period of trading days prior to the expiration date of the award, subject to the reporting person's continued employment.