SEC Form 4 · accession 0001014108-15-000282
NIC INC · EGOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Knapp
Officer — Chief Operating Officer
Period of report
Nov 11, 2015
Accepted (ET)
Nov 13, 2015 · 4:32 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 StockF2,F3,F4 | Nov 11, 2015 | S | 20,000 | $19.9968 | D | 164,135 | 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, which concludes his 10b5-1 plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $19.89 to $20.13, 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 have been increased by 2,344 shares to correct an error in reporting shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares.
- F4This total includes an additional 204 shares acquired pursuant to the NIC Inc. Employee Stock Purchase Plan since the last filing of a beneficial ownership report by the Reporting Person.