SEC Form 4 · accession 0001333493-17-000041
eHealth, Inc. · EHTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott N Flanders
Officer — Cheif Executive Officer · Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 4:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333493
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock OptionF1 | $12.04 | Mar 31, 2017 | A | 135,850 | A | — | Mar 31, 2024 | Common Stock | 135,850 | 135,850 | D |
| Performance Stock UnitF2 | $0.00 | Mar 31, 2017 | A | 125,000 | A | — | Mar 31, 2021 | Common Stock | 125,000 | 125,000 | D |
Explanation of responses
- F1The performance-based stock option was granted in lieu of a performance-based cash bonus opportunity for 2017. The performance based stock option will only vest upon compensation committee's certification of the achievement of the revenue and adjusted EBITDA goals that would have applied to his cash bonus.
- F2The performance-based restricted stock units will be eligible to vest during a four-year performance period following the award's grant date based on the company's stock price trading at a certain pre-determined price thresholds. Once a price is achieved, the portion of the award related to that threshold will vest one year later, subject to the individual continuing to provide services to the company through the applicable vesting date.