SEC Form 4 · accession 0001333493-17-000095
eHealth, Inc. · EHTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy C. Hannan
Officer — Chief Marketing Officer
Period of report
Jul 18, 2017
Accepted (ET)
Jul 20, 2017 · 3:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333493
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 18, 2017 | A | 10,000 | $0.00 | A | 10,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF2 | $0.00 | Jul 18, 2017 | A | 10,000 | A | — | Jul 18, 2021 | Common Stock | 10,000 | 10,000 | D |
| Performance Stock OptionF3 | $18.60 | Jul 18, 2017 | A | 15,000 | A | — | Jul 18, 2024 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock Option (right to buy)F4 | $18.60 | Jul 18, 2017 | A | 15,000 | A | — | Jul 18, 2024 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1This represents an award of restricted stock units. Each unit represents a contingent right to recieve one share of the company's common stock upon vesting. The restricted stock units vest in four equal annual installments from the vesting commencement date of June 26, 2017, subject to the individual continuing to provide services to the company through the applicable vesting date.
- 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 certain pre-determined price thresholds. Once a price threshold 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.
- F3The performance-based stock options will be eligible to vest during a four-year performance period following the awards's grant date based on the company's stock price trading at certain pre-determined price thresholds. Once a price threshold 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.
- F4The stock option will vest as to 25% of the shares one year after the vesting commencement date of June 26, 2017 and 1/48th of the shares each month thereafter, subject to the individual continuing to provide services to the company through the applicable vesting date.