Wychulis Robert A 4
4 · Inovalon Holdings, Inc. · Filed Mar 9, 2020
Insider Transaction Report
Form 4
Wychulis Robert A
President
Transactions
- Tax Payment
Class A Common Stock
2020-03-05$18.97/sh−425$8,062→ 276,897 total - Exercise of In-Money
Employee Stock Option (right to buy)
2020-03-05−23,183→ 61,569 totalExercise: $7.88From: 2015-08-15Exp: 2024-08-14→ Class B Common Stock (23,183 underlying) - Exercise/Conversion
Class A Common Stock
2020-03-05+887→ 277,322 total - Conversion
Class A Common Stock
2020-03-05+23,183→ 300,080 total - Conversion
Class B Common Stock
2020-03-05−23,183→ 0 total→ Class A Common Stock (23,183 underlying) - Exercise/Conversion
Restricted Stock Units
2020-03-05−887→ 0 total→ Class A Common Stock (887 underlying) - Exercise of In-Money
Class B Common Stock
2020-03-05+23,183→ 23,183 total→ Class A Common Stock (23,183 underlying) - Sale
Class A Common Stock
2020-03-05$19.19/sh−16,071$308,460→ 284,009 total
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Inovalon Holdings, Inc. Class A Common Stock.
- [F2]Shares withheld by Issuer to satisfy reporting person's tax withholding obligations upon delivery of stock.
- [F3]The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis (a) at the reporting person's option or (b) upon certain transfers of such shares, and has no expiration date.
- [F4]The price reported in Column is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.71, inclusive. The reporting person undertakes to provide to Inovalon Holdings, Inc., any security holder of Inovalon Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 4 to this Form 4.
- [F5]On March 5, 2015, the reporting person was granted 4,443 restricted stock units, which vested ratably over five years and which have no expiration date. The final tranche vested on March 5, 2020.