SEC Form 4 · accession 0001131096-17-000016
ATHENAHEALTH INC · ATHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Prakash Khot
Officer — SVP, Chief Technology Officer
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 8:18 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 | Feb 1, 2017 | M | 3,125 | $0.00 | A | 3,125 | D | |
| Common StockF2 | Feb 1, 2017 | F | 1,054 | $124.88 | D | 2,071 | 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 | — | Feb 1, 2017 | M | 3,125 | D | — | Mar 1, 2020 | Common Stock | 3,125 | 9,375 | D |
Explanation of responses
- F1A 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 March 1, 2016, the Reporting Person was granted 12,500 RSUs. The RSUs vest in four equal annual installments beginning on February 1, 2017.