Johnston Ian 4
4 · Performant Financial Corp · Filed May 31, 2023
Insider Transaction Report
Form 4
Johnston Ian
See Remarks
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2023-05-29+11,250→ 240,922 total - Exercise/Conversion
Restricted Stock Units
2023-05-29−11,250→ 0 total→ Common Stock (11,250 underlying) - Tax Payment
Common Stock, par value $0.0001 per share
2023-05-29$2.24/sh−4,574$10,246→ 236,348 total
Footnotes (3)
- [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 the Reporting Person.
- [F3]Restricted Stock Unit award was granted on May 2, 2019. The restricted stock unit award vested at a rate of 25% annually on the first and second anniversaries of April 29, 2019, the third 25% of the shares vested on May 13, 2022, and the final 25% vested on May 29, 2023.