SEC Form 4 · accession 0001131096-16-000290
ATHENAHEALTH INC · ATHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl Stubelis
Officer — VP and Corporate Controller
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001131096
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2016 | M | 271 | — | A | 271 | D | |
| Common StockF2 | Mar 1, 2016 | F | 87 | $132.37 | D | 184 | D | |
| Common StockF1 | Mar 1, 2016 | M | 537 | — | A | 721 | D | |
| Common StockF2 | Mar 1, 2016 | F | 174 | $132.37 | D | 547 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | — | Mar 1, 2016 | M | 271 | D | — | Mar 1, 2018 | Common Stock | 271 | 542 | D |
| Restricted Stock UnitF3,F5 | — | Mar 1, 2016 | M | 537 | D | — | Mar 1, 2019 | Common Stock | 537 | 1,611 | D |
| Restricted Stock UnitF3,F6 | — | Mar 1, 2016 | A | 4,000 | A | — | Mar 1, 2020 | Common Stock | 4,000 | 4,000 | D |
| Restricted Stock UnitF3,F7 | — | Mar 1, 2016 | A | 3,685 | A | — | Mar 1, 2020 | Common Stock | 3,685 | 3,685 | D |
Explanation of responses
- F1Restricted Stock Unit convert into common stock on a one-for-one basis.
- F2Shares withheld to satisfy tax withholding obligations incurred upon the vesting of restricted stock units. This transaction is considered an exempt sale pursuant to Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934.
- F3Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock
- F4On March 3, 2014, the Reporting Person was granted 1,085 restricted stock units. The restricted stock units vest in four equal annual installments beginning on March 1, 2015.
- F5On March 2, 2015, the Reporting Person was granted 2,148 restricted stock units. The restricted stock units vest in four equal annual installments beginning on March 1, 2016.
- F6On March 1, 2016, the Reporting Person was granted 4,000 restricted stock units. The restricted stock units vest in four equal annual installments beginning on March 1, 2017.
- F7On March 1, 2016, the Reporting Person was granted 3,685 restricted stock units. The restricted stock units vest in four equal annual installments beginning on March 1, 2017.