Performant Financial Corp 4
4 · Performant Financial Corp · Filed Aug 16, 2016
Insider Transaction Report
Form 4
Orvell Hakan
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-08-12+12,875→ 25,750 totalExercise: $2.06→ Common Stock (12,875 underlying) - Exercise/Conversion
Common Stock
2016-08-12+12,875→ 40,986 total - Tax Payment
Common Stock
2016-08-12−4,839→ 36,147 total
Footnotes (2)
- [F1]Shares surrendered to pay tax liability due on vesting of Restricted Stock Units.
- [F2]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. Vesting dates that fall on a date that is not a business day are deemed to vest on the last business day prior to the vesting date.