CLARK HOWARD LONGSTRETH JR 4
4 · MEDICAL TRANSCRIPTION BILLING, CORP · Filed Aug 6, 2018
Insider Transaction Report
Form 4
CLARK HOWARD LONGSTRETH JR
Director
Transactions
- Award
Restricted Stock Unit
2018-08-02+17,000→ 54,500 totalExercise: $0.00→ Common Stock (17,000 underlying) - Other
Common Stock
2018-08-04−2,500→ 101,000 total - Exercise/Conversion
Restricted Stock Unit
2018-08-04−12,500→ 42,000 totalExercise: $0.00→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock
2018-08-04+12,500→ 103,500 total
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock on August 4, 2018. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vest in equal installments on each of the next two six-month anniversaries of August 4, 2018.
- [F2]The restricted stock unit was granted on August 2, 2018, and vests in four equal semi-annual installments beginning February 2, 2019.
- [F3]Represents 2,500 shares of the conversion transferred to an ex-spouse pursuant to a Separation Agreement.