4//SEC Filing
Mackay Todd C 4
Accession 0001068875-23-000044
CIK 0001068875other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 9:30 PM ET
Size
7.4 KB
Accession
0001068875-23-000044
Insider Transaction Report
Form 4
AVANTAX, INC.AVTA
Mackay Todd C
Interim CEO HD Vest
Transactions
- Award
Common Stock
2023-01-27+3,868→ 152,071 total - Tax Payment
Common Stock
2023-01-27$29.35/sh−1,698$49,836→ 150,373 total
Footnotes (3)
- [F1]On January 9, 2020, the reporting person was granted 12,480 performance-based restricted stock units ("PSUs"), which were eligible to vest from 0% to 200% at the end of a three-year performance period based on the Issuer's satisfaction of certain performance criteria. The performance criteria were partially met, resulting in the vesting of 3,868 shares.
- [F2]This transaction represents the withholding by the Issuer of shares to pay taxes in connection with the vesting of PSUs. The timing and amount of the transaction were determined by the terms of the applicable PSU award and were not within the control of the reporting person.
- [F3]Not included in this amount are 77,943 PSUs of which (i) 23,333 are eligible to vest from 0% to 200% following the end of 2023, (ii) 31,702 are eligible to vest from 0% to 200% following the end of 2024 and (iii) 22,908 are eligible to vest from 0% to 200% following the end of 2025. Vesting for each award is subject to the Issuer's achievement of certain performance criteria and certification by the Compensation Committee.
Documents
Issuer
AVANTAX, INC.
CIK 0001068875
Entity typeother
Related Parties
1- filerCIK 0001757071
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 9:30 PM ET
- Size
- 7.4 KB