4//SEC Filing
Telkamp Bruce 4
Accession 0001567619-18-000120
CIK 0001561387other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 4:19 PM ET
Size
14.6 KB
Accession
0001567619-18-000120
Insider Transaction Report
Form 4
Telkamp Bruce
DirectorChief Operating Officer
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2018-08-06−20,000→ 0 totalExercise: $4.95Exp: 2022-07-01→ Class A Common Stock (20,000 underlying) - Exercise/Conversion
Class A Common Stock
2018-08-06$4.95/sh+20,000$99,000→ 56,174 total - Disposition to Issuer
Class A Common Stock
2018-08-06$43.75/sh−3,373$147,569→ 52,801 total - Exercise/Conversion
Stock Appreciation Rights
2018-08-06−4,000→ 0 totalExercise: $12.13Exp: 2021-07-14→ Class A Common Stock (4,000 underlying) - Sale
Class A Common Stock
2018-08-06$43.20/sh−7,517$324,698→ 45,284 total - Exercise/Conversion
Class A Common Stock
2018-08-06$12.13/sh+4,000$48,520→ 36,174 total
Footnotes (4)
- [F1]These stock-settled stock appreciation rights were previously granted under the Issuer's Long Term Incentive Plan, as amended ("Plan"), and are scheduled to vest in increments of 20%, 20%, 20% and 40% on successive anniversary dates of the grant, subject to the terms of the Plan and an award agreement under the Plan.
- [F2]These stock-settled stock appreciation rights were previously granted under the Plan and are scheduled to vest in increments of 25%, 25%, and 50% on successive anniversary dates of the grant, subject to the terms of the Plan and an award agreement under the Plan.
- [F3]Shares retained by the issuer to satisfy the exercise price of stock appreciation rights exercised by the Reporting Person.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $42.50 to $43.80, inclusive. The Reporting Person undertakes to provide Health Insurance Innovations Inc. (the "Company"), any security holder of the Company, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. The shares were sold solely to satisfy the Reporting Person's tax liability associated with the vesting of the stock appreciation rights.
Documents
Issuer
Health Insurance Innovations, Inc.
CIK 0001561387
Entity typeother
Related Parties
1- filerCIK 0001366007
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 4:19 PM ET
- Size
- 14.6 KB