Kaiser Laura S. 4
4 · Nuance Communications, Inc. · Filed Jan 4, 2022
Insider Transaction Report
Form 4
Kaiser Laura S.
Director
Transactions
- Award
Common Stock
2022-01-01$0.00/sh+4,519$5→ 74,356 total - Award
Phantom Stock
2022-01-01+5,670→ 5,670 total→ Common Stock (5,670 underlying)
Footnotes (4)
- [F1]Shares are subject to a Restricted Stock Purchase Agreement and were issued pursuant to the 2020 Stock Plan. Shares will vest on the first anniversary of the date of grant.
- [F2]Each share of phantom stock represents a right to receive one share of common stock.
- [F3]The phantom stock becomes payable upon the reporting person ceasing to be a Director (as defined in the issuer's Non-Qualified Deferred Compensation Plan for directors) of the Company.
- [F4]Upon the vesting on January 1, 2022 of the restricted stock units granted to the reporting person on January 1, 2021, the reporting person deferred receipt of the 5,670 shares of common stock and received instead 5,670 shares of phantom stock pursuant to the issuer's Non-Qualified Deferred Compensation Plan for directors. As a result, the reporting person is reporting the acquisition of 5,670 shares of phantom stock.