SEC Form 4 · accession 0000899243-17-018420
Performant Financial Corp · PFMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Haughton
Officer — Chief Operating Officer
Period of report
Jul 15, 2017
Accepted (ET)
Jul 18, 2017 · 3:51 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 Stock | Jul 15, 2017 | M | 10,000 | $0.00 | A | 79,228 | D | |
| Common StockF1 | Jul 15, 2017 | F | 3,758 | $1.91 | D | 75,470 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | — | holding | — | — | — | — | — | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Shares surrendered to pay tax liability due on vesting of Restricted Stock Units.
- F2Each restricted stock unit represents a contingent right to receive one share of PFMT's common stock. The units were awarded at no cost to Reporting Person.
- F3Restricted Stock Unit Award was granted on July 15, 2014. The remaining 10,000 units will vest on July 15, 2018, provided that the Reporting Person remains in continuous service through each vest date.