Leach Harold Jr 4
4 · Performant Financial Corp · Filed May 15, 2020
Insider Transaction Report
Form 4
Leach Harold Jr
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-05-13+15,000→ 470,923 total - Tax Payment
Common Stock, par value $0.0001 per share
2020-05-13$0.70/sh−5,394$3,797→ 465,529 total - Exercise/Conversion
Restricted Stock Units
2020-05-13−15,000→ 15,000 total→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Shares surrendered to pay tax liability due on vesting of Restricted Stock Units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of PFMT's common stock. The units were awarded at no cost to Reporting Person.
- [F3]Restricted Stock Unit award was granted on April 6, 2017. 25% of the shares vested on May 11, 2018, 25% of the shares vested on May 10, 2019, 25% of the shares vested on May 13, 2020, with 25% more vesting on the first day of the next open trading window immediately following the fourth anniversary of the grant date, provided that the Reporting Person remains in continuous service through each vest date.