SEC Form 4 · accession 0000899243-16-016309
Performant Financial Corp · PFMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harold Leach Jr.
Officer — Chief Operating Officer
Period of report
Mar 11, 2016
Accepted (ET)
Mar 18, 2016 · 9:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001550695
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 11, 2016 | M | 280,767 | — | A | 309,341 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F2 | $0.50 | Mar 11, 2016 | M | 80,767 | D | Oct 18, 2012 | Oct 18, 2017 | Common Stock | 80,767 | 0 | D |
| Employee Stock Options (right to buy)F2 | $1.18 | Mar 11, 2016 | M | 200,000 | D | Sep 15, 2014 | Sep 15, 2019 | Common Stock | 200,000 | 0 | D |
Explanation of responses
- F1Options relating to 200,000 shares of PFMT stock were excercised at a price of $1.18 per share and options relating to 80,767 shares of PFMT stock were excercised at $0.80 per share.
- F2The final vesting date of the option award.