SEC Form 4 · accession 0000899243-18-000879
Performant Financial Corp · PFMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Im
Officer — Chief Executive Officer
Period of report
Jan 8, 2018
Accepted (ET)
Jan 10, 2018 · 6:18 pm EST
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, par value $0.0001 per share | Jan 8, 2018 | M | 40,450 | $0.50 | A | 1,456,884 | D | |
| Common Stock, par value $0.0001 per share | Jan 8, 2018 | S | 40,450 | $1.5999 | D | 1,416,434 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F2 | $0.50 | Jan 8, 2018 | M | 26,250 | D | — | — | Common Stock | 26,250 | 105,000 | D |
| Stock option (right to buy)F3 | $0.50 | Jan 8, 2018 | M | 14,200 | D | — | — | Common Stock | 14,200 | 56,800 | D |
Explanation of responses
- F1Reported transaction occurred pursuant to a Rule 10b5-1 trading plan established on August 11, 2017.
- F2The option award, which expires on January 24, 2018, is fully vested and immediately exercisable.
- F3The option award, which expires on January 26, 2018, is fully vested and immediately exercisable.