SEC Form 4 · accession 0001131096-16-000392
ATHENAHEALTH INC · ATHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradford Kyle Armbrester
Officer — SVP, Chief Product Officer
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 5:55 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 | Oct 1, 2016 | M | 3,125 | — | A | 3,968 | D | |
| Common StockF2 | Oct 1, 2016 | F | 1,423 | $126.12 | D | 2,545 | 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 | — | Oct 1, 2016 | M | 3,125 | D | — | Nov 2, 2019 | Common Stock | 3,125 | 9,375 | 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.
- F3Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F4On November 2, 2015, the Reporting Person was granted 12,500 RSUs. The RSUs vest in four equal annual installments beginning on October 1, 2016.