SEC Form 4 · accession 0000899243-18-009135
Performant Financial Corp · PFMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian Johnston
Officer — See Remarks
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 8:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001550695
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 29, 2018 | M | 47,500 | A | — | — | Common Stock | 47,500 | 47,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of PFMT's common stock. The units were awarded at no cost to the Reporting Person.
- F2Restricted Stock Unit award was granted on 03/29/18. The restricted stock unit award vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grants date, provided that the Reporting Person remains in continuous service through each vest date.
Remarks
Vice President and Chief Accounting Officer