Hershberger Michael D 4
4 · Health Insurance Innovations, Inc. · Filed Feb 14, 2019
Insider Transaction Report
Form 4
Hershberger Michael D
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2019-02-13$40.00/sh−1,074$42,960→ 39,179 total
Holdings
- 10,000
Stock Appreciation Rights
Exercise: $10.45Exp: 2021-05-21→ Common Stock (10,000 underlying) - 15,000
Stock Appreciation Rights
Exercise: $4.95Exp: 2022-07-01→ Common Stock (15,000 underlying) - 22,500
Stock Appreciation Rights
Exercise: $4.99Exp: 2022-09-16→ Common Stock (22,500 underlying) - 40,972
Stock Appreciation Rights
Exercise: $5.20Exp: 2023-09-16→ Common Stock (40,972 underlying)
Footnotes (3)
- [F1]Sales made pursuant to a 10b5-1 plan previously adopted by the Reporting Person.
- [F2]These stock-settled stock appreciation rights were granted under the long Term Incentive Plan of Health Insurance Innovations, Inc. (the "Plan") and vest 20% on the first three anniversaries of grant date and 40% on the fourth anniversary, subject to the terms of the Plan and an award agreement under the Plan.
- [F3]These stock-settled stock appreciation rights were granted under the Plan and vest 25% on the first and second anniversaries of grant date and 50% on the third anniversary, subject to the terms of the Plan and an award agreement under the Plan.