SEC Form 4 · accession 0001333493-17-000116
eHealth, Inc. · EHTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Walter Jennings
Officer — SVP, Finance and APO
Period of report
Sep 6, 2017
Accepted (ET)
Sep 8, 2017 · 4:03 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 | Sep 6, 2017 | M | 2,500 | $0.00 | A | 39,278 | D | |
| Common Stock | Sep 7, 2017 | F | 752 | $24.27 | D | 38,526 | 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 | Sep 6, 2017 | M | 2,500 | D | — | Mar 31, 2021 | Common Stock | 2,500 | 5,000 | D |
Explanation of responses
- F1This represents the achievement of a stock price threshold under a performance restricted stock unit granted on 3/31/2017. Each unit represents a contingent right to receive one share of the company's common stock upon vesting. The shares are scheduled to vest on June 20, 2018, subject to the individual continuing to provide services to the company though the vesting date.
- F2The performance-based restricted stock units are 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.
- F3Represents the withholding of shares to satisfy tax withholding obligation.