4//SEC Filing
Covisint Corp 4
Accession 0001563699-15-000026
CIK 0001563699operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 5:00 PM ET
Size
8.6 KB
Accession
0001563699-15-000026
Insider Transaction Report
Form 4
Covisint CorpCOVS
Inman, III Samuel M.
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Restricted Stock Unit
2015-07-01$3.27/sh−60,731$198,590→ 121,462 totalFrom: 2015-07-01→ Common stock (60,731 underlying) - Exercise/Conversion
Common stock
2015-07-01$3.27/sh+60,731$198,590→ 60,731 total - Tax Payment
Common stock
2015-07-01$3.27/sh−19,191$62,755→ 41,540 total
Footnotes (3)
- [F1]Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon veseting of restricted stock units. This in not an open market sale of securities.
- [F2]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F3]33.33% of the restricted stock units vested on July 1, 2015, 33.33% of the restricted stock units are schedule to vest on July 1, 2016, and the remaining 33.34% of the restricted stock units are scheduled to vest on July 1, 2017, assuming continued employment through the applicable vesting date.
Documents
Issuer
Covisint Corp
CIK 0001563699
Entity typeoperating
IncorporatedMI
Related Parties
1- filerCIK 0001563699
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 5:00 PM ET
- Size
- 8.6 KB