SEC Form 4 · accession 0001032220-17-000107
MAXIMUS INC · MMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Caswell
Officer — President
Period of report
Aug 31, 2017
Accepted (ET)
Sep 6, 2017 · 1:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001032220
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 5, 2017 | M | 8,000 | $11.55 | A | 35,904 | D | |
| Common StockF3 | Sep 5, 2017 | S | 8,000 | $60.23 | D | 27,904 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Aug 31, 2017 | A | 77 | A | — | — | Common Stock | 77 | 104,319 | D |
| Common StockF2,F4 | $11.55 | Sep 5, 2017 | M | 8,000 | D | — | — | Common Stock | 8,000 | 8,000 | D |
Explanation of responses
- F1Dividend equivalent rights accrued on previously-awarded restricted stock units ("RSU") which vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of MAXIMUS common stock.
- F2These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2017.
- F3Weighted average sales price for prices ranging from $60.15 to $60.30. The reporting person will provide full information regarding the number of shares purchased or sold at each separate price upon request by the Commission staff, the issuer, or a security holder of the issuer.
- F4These options were part of an award made on 10/18/2007 which vested on 10/18/2008, 10/18/2009, 10/18/2010, 10/18/2011 and 10/18/2012. The options were scheduled to expire on 10/18/2017.