SEC Form 4 · accession 0001014108-15-000219
NIC INC · EGOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F Bradley Jr.
Officer — Exe VP,CAO,Gen Counsel & Secy
Period of report
Aug 11, 2015
Accepted (ET)
Aug 13, 2015 · 4:36 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,F4 | Aug 11, 2015 | S | 20,000 | $19.9237 | D | 916,733 | D | |
| Common StockF5 | Aug 12, 2015 | S | 20,000 | $19.8424 | D | 896,733 | 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 for the Reporting Person that was signed on May 13, 2015. 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 $19.26 to $20.02, 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 (5) to this Form 4.
- F3The total shares held by the Reporting Person have been increased by 2,677 shares to correct errors previously reported.
- F4This total includes an additional 1,262 shares acquired pursuant to the NIC Inc. Employee Stock Purchase Plan since the last filing of a beneficial ownership report by the Reporting Person.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.78 to $20.00, inclusive.