SEC Form 4 · accession 0001014108-15-000087
NIC INC · EGOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F Bradley Jr.
Officer — Exec VP,CAO,Gen Counsel & Secy
Period of report
Mar 11, 2015
Accepted (ET)
Mar 13, 2015 · 2:48 pm EDT
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 StockF2 | Mar 11, 2015 | S | 20,000 | $17.1341 | D | 961,244 | D | |
| Common StockF3 | Mar 12, 2015 | S | 20,000 | $17.211 | D | 941,244 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All of the sale transactions reported on this form are program transactions under a Rule 10b5-1 plan that was signed December 12, 2014. The Reporting Person intends to sell a total of 200,000 shares under his 10b5-1 plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.305, inclusive. The Reporting Person undertakes to provide to NIC Inc., any security holder of NIC Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.05 to $17.44, inclusive.