SEC Form 4 · accession 0001014108-15-000218
NIC INC · EGOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Kovzan
Officer — Chief Financial Officer
Period of report
Aug 11, 2015
Accepted (ET)
Aug 13, 2015 · 4:20 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,F3 | Aug 11, 2015 | S | 12,500 | $19.3477 | D | 185,213 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction reported on this form is a program transaction under a Rule 10b5-1 plan for the Reporting Person that was signed on May 11, 2015, which concludes 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 $18.98 to $19.44, 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.
- F3The total shares held by the Reporting Person have been increased by 2,344 shares to correct errors previously reported.