SEC Form 4 · accession 0001225208-19-004024
HMS HOLDINGS CORP · HMSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas M. Williams
Officer — EVP, Chief Operating Officer
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 6:46 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 | Feb 26, 2019 | M | 39,393 | $16.64 | A | 112,578 | D | |
| Common StockF1 | Feb 26, 2019 | S | 39,393 | $34.64 | D | 73,185 | D |
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)F2 | $16.64 | Feb 26, 2019 | M | 39,393 | D | — | May 13, 2022 | Common Stock | 39,393 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.40 to $35.06, 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 range set forth in footnote (1) to this Form 4.
- F2One-half of the option vested in three equal installments on May 13, 2016, 2017 and 2018. The other one-half of the option vested as follows: two-thirds vested on May 13, 2017 and one-third vested on May 13, 2018.