SEC Form 4 · accession 0001225208-18-015833

HMS HOLDINGS CORP · HMSY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

William C Lucia

Officer — Chairman, President and CEO · Director

Period of report

Nov 19, 2018

Accepted (ET)

Nov 21, 2018 · 6:32 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001196501

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jul 18, 2018	G	1,810	$0.00	D	181,400	D
Common Stock	Nov 19, 2018	M	2,953	$27.79	A	184,353	D
Common Stock^F2	Nov 19, 2018	S	500	$36.718	D	183,853	D
Common Stock^F3	Nov 19, 2018	S	2,453	$35.7974	D	181,400	D
Common Stock	Nov 20, 2018	M	15,213	$27.79	A	196,613	D
Common Stock^F4	Nov 20, 2018	S	15,213	$35.1195	D	181,400	D
Common Stock	Nov 21, 2018	M	7,985	$27.79	A	189,385	D
Common Stock^F5	Nov 21, 2018	S	7,985	$35.4303	D	181,400	D
Common Stock^F6	Jul 18, 2018	G	1,810	$0.00	A	581,734	I	By Lucia Family Trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Nonqualified Stock Option (Right to Buy)^F7	$27.79	Nov 19, 2018	M	2,953	D	—	Oct 4, 2019	Common Stock	2,953	61,147	D
Nonqualified Stock Option (Right to Buy)^F7	$27.79	Nov 20, 2018	M	15,213	D	—	Oct 4, 2019	Common Stock	15,213	45,934	D
Nonqualified Stock Option (Right to Buy)^F7	$27.79	Nov 21, 2018	M	7,985	D	—	Oct 4, 2019	Common Stock	7,985	37,949	D

Explanation of responses

F1The reported transactions involved a gift of securities by the reporting person to The William C. Lucia Family Trust, a revocable trust for which the reporting person is Trustee.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.58 to $36.92, inclusive. The reporting person undertakes to provide to HMS Holdings Corp., any security holder of HMS Holdings Corp., 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 footnotes (2), (3), (4) and (5) to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.5150 to $36.46, inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.44, inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.79, inclusive.
F6These shares are indirectly owned by The William C Lucia Family Trust, a revocable trust for which the Reporting Person is Trustee. Taking into account shares owned both directly and indirectly by family trust, the Reporting Person beneficially owned an aggregate of 763,134 shares following the transactions reported on this Form 4.
F7One-half of the option vested in three equal installments on December 31, 2013, 2014 and 2015. The other one-half of the option was cancelled due to non-satisfaction of certain performance conditions.