4//SEC Filing
Performant Financial Corp 4
Accession 0000899243-16-015648
$PHLTCIK 0001550695operating
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 6:05 AM ET
Size
12.1 KB
Accession
0000899243-16-015648
Insider Transaction Report
Form 4
Orvell Hakan
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2016-03-07$1.74/sh−17,159$29,857→ 28,111 total - Exercise/Conversion
Common Stock
2016-03-07+37,500→ 45,270 total - Exercise/Conversion
Restricted Stock Units
2016-03-07+37,500→ 75,000 totalExp: 2025-06-17→ Common Stock (37,500 underlying)
Holdings
- 38,625
Restricted Stock Units
→ Common Stock (12,875 underlying) - 120,000
Restricted Stock Units
→ Common Stock (120,000 underlying)
Footnotes (5)
- [F1]Shares surrendered to pay tax liability due on vesting of Restricted Stock Units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of PFMT's common stock. The units were awarded at no cost to Reporting Person.
- [F3]Restricted Stock Unit Award granted on February 23, 2016 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date, provided that the Reporting Person remains in continuous service through each vest date.
- [F4]Restricted Stock Unit Award granted on August 13, 2014 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date, provided that the Reporting Person remains in continuous service through each vest date.
- [F5]Restricted Stock Unit Award granted on June 17, 2015. Upon the achievement of certain financial metrics the grant vested with respect to 50% of the awarded stock units on March 5, 2016, and 25% of the grant will vest on each of March 5, 2017 and March 5, 2018, provided that the Reporting Person remains in continuous service through each vest date.
Documents
Issuer
Performant Financial Corp
CIK 0001550695
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001550695
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 6:05 AM ET
- Size
- 12.1 KB