SEC Form 4 · accession 0001014108-16-000382
NIC INC · EGOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jayne Holland
Officer — Chief Security Officer & AGC
Period of report
Feb 21, 2016
Accepted (ET)
Feb 23, 2016 · 4:19 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 21, 2016 | F | 384 | $17.87 | D | 72,775 | D | |
| Common Stock | Feb 22, 2016 | A | 8,938 | $0.00 | A | 81,713 | D | |
| Common Stock | Feb 22, 2016 | A | 14,928 | $0.00 | A | 96,641 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares surrendered to NIC Inc. by the Reporting Person to satisfy tax withholding obligations on vesting of restricted shares granted on February 21, 2012.
- F2Service-based restricted stock award which vests in four annual installments beginning on February 22, 2017 and each anniversary thereafter.
- F3Performance-based restricted stock award which will vest on February 22, 2019, based upon satisfaction of certain performance metrics achieved during a performance period beginning on January 1, 2016 and ending on December 31, 2018.