SEC Form 4 · accession 0001131096-17-000193
ATHENAHEALTH INC · ATHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Bush
Officer — CEO and President · Director
Period of report
Dec 26, 2017
Accepted (ET)
Dec 29, 2017 · 8:36 am 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 Stock | Dec 26, 2017 | M | 5,000 | $32.72 | A | 320,807 | D | |
| Common Stock | Dec 26, 2017 | M | 25,000 | $36.78 | A | 345,807 | D | |
| Common StockF2 | Dec 26, 2017 | S | 5,000 | $133.80 | D | 340,807 | D | |
| Common Stock | Dec 26, 2017 | S | 25,000 | $135.00 | D | 315,807 | D | |
| Common StockF3 | holding | — | — | — | 103,424 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 27,998 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $32.72 | Dec 26, 2017 | M | 5,000 | D | Mar 3, 2008 | Mar 3, 2018 | Common Stock | 5,000 | 14,750 | D |
| Stock Option (Right to Buy) | $36.78 | Dec 26, 2017 | M | 25,000 | D | Feb 15, 2011 | Mar 31, 2020 | Common Stock | 25,000 | 85,000 | D |
Explanation of responses
- F1The sales reported on this Form 4 were made pursuant to a written trading plan adopted by the Reporting Person on October 24, 2017, in accordance with Rule 10b5-1.
- F2Represents a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $133.50 to $134.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote (2).
- F3These shares are owned by The Bush 2004 Gift Trust, the beneficiaries of which are certain of Mr. Bush's children. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F4These shares are owned by The Oscar W. Bush 2007 Gift Trust, the beneficiary of which is Mr. Bush's child. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.