Leach Harold Jr 4
4 · Performant Financial Corp · Filed May 20, 2020
Insider Transaction Report
Form 4
Leach Harold Jr
Chief Compliance Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-05-18+11,250→ 476,779 total - Tax Payment
Common Stock, par value $0.0001 per share
[F1]2020-05-18$0.76/sh−3,789$2,887→ 472,990 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2020-05-18−11,250→ 22,500 total→ Common Stock (11,250 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 May 1, 2018. 25% of the shares vested on May 10, 2019, 25% of the shares vested on May 18, 2020, with 25% more vesting on the first day of the next open trading window immediately following each of the third and fourth anniversaries of March 29,2018, provided that the Reporting Person remains in continuous service through each vest date.
Signature
/s/ Ian A. Johnston, Attorney-in-Fact for Harold T Leach, Jr|2020-05-20