Anderson Jason E 4
4 · ModivCare Inc · Filed Feb 10, 2022
Insider Transaction Report
Form 4
ModivCare IncMODV
Anderson Jason E
President of ModivCare Home
Transactions
- Award
Common Stock
2022-02-08+1,135→ 1,135 total - Award
Employee Stock Option (Right to Buy)
2022-02-08+3,474→ 3,474 totalExercise: $110.07Exp: 2027-02-08→ Common Stock (3,474 underlying) - Award
Performance Restricted Stock Units
2022-02-08+2,271→ 2,271 totalExp: 2025-02-08→ Common Stock
Footnotes (3)
- [F1]Represents restricted stock units scheduled to vest as follows: (1) 378 shares will vest on February 8, 2023, (2) 379 shares will vest on February 8, 2024 and (3) 378 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) 1,158 shares on February 8, 2023, (2) 1,158 shares on February 8, 2024 and (3) 1,158 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.