SEC Form 4 · accession 0000950138-19-000098
NIC INC · EGOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jayne Holland
Officer — Chief Security Officer
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 22, 2019 | D | 7,933 | $0.00 | D | 161,112 | D | |
| Common Stock | Feb 22, 2019 | J | 453 | $0.00 | A | 161,565 | D | |
| Common Stock | Feb 22, 2019 | F | 7,001 | $17.26 | D | 154,564 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Forfeiture of shares related to the previously reported performance-based restricted stock award granted on February 22, 2016. Such award represented the maximum number of shares that could be earned at the end of a three-year performance period ending December 31, 2018. The actual number of shares earned was based on the Company's performance related to specified performance criteria over the performance period.
- F2Additional shares awarded to Reporting Person from stock dividends on earned performance-based restricted stock award granted on February 22, 2016.
- F3Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares.