SEC Form 4 · accession 0001131096-16-000383
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
Sep 3, 2016
Accepted (ET)
Sep 7, 2016 · 5:46 pm EDT
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 | Sep 3, 2016 | M | 1,375 | $0.00 | A | 1,375 | D | |
| Common Stock | Sep 3, 2016 | F | 447 | $123.61 | D | 928 | D | |
| Common Stock | Sep 7, 2016 | S | 928 | $123.36 | D | 0 | 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 UnitF4,F5 | — | Sep 3, 2016 | M | 1,375 | D | — | Sep 3, 2017 | Common Stock | 1,375 | 1,375 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") converts into common stock on a one-for-one basis.
- F2Shares withheld to satisfy tax withholding obligations incurred upon the vesting of RSUs. This transaction is considered an exempt sale pursuant to Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934.
- F3The sales reported on this Form 4 were made pursuant to a written trading plan adopted by the Reporting Person on February 25, 2016, in accordance with Rule 10b5-1.
- F4Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F5On November 1, 2013, the Reporting Person was granted 5,500 RSUs. The restricted stock units vest in four equal annual installments beginning on September 3, 2014.