Sampson L Heath 4
4 · ModivCare Inc · Filed Nov 23, 2022
Insider Transaction Report
Form 4
ModivCare IncMODV
Sampson L Heath
Chief Financial Officer
Transactions
- Award
Common Stock
2022-11-21+573→ 5,234 total - Award
Employee Stock Option (Right to Buy)
2022-11-21+1,579→ 1,579 totalExercise: $85.99Exp: 2027-11-21→ Common Stock (1,579 underlying) - Award
Performance Restricted Stock Units
2022-11-21+1,147→ 1,147 totalExp: 2025-11-21→ Common Stock
Footnotes (3)
- [F1]Represents restricted stock units scheduled to vest as follows: (1) 191 shares will vest on November 21, 2023, (2) 191 shares will vest on November 21, 2024 and (3) 191 shares will vest on November 21, 2025, in each case, subject to the reporting person's continued employment.
- [F2]Option becomes exercisable with respect to: (1) 526 shares on November 21, 2023, (2) 527 shares on November 21, 2024 and (3) 526 shares on November 21, 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.