SEC Form 4 · accession 0000899243-18-011409
NantHealth, Inc. · NH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Allen Louks
Officer — Chief Operating Officer
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 7:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001566469
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2018 | M | 125,196 | — | A | 204,886 | D | |
| Common Stock | May 1, 2018 | F | 37,495 | $3.39 | D | 167,391 | 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 UnitsF1,F2 | — | May 1, 2018 | M | 125,196 | D | — | — | Common Stock | 125,196 | 250,391 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") is the economic equivalent of one share of NantHealth, Inc. common stock.
- F2Subject to the Reporting Person's continuing to be a service provider (as defined in the 2016 Equity Incentive Plan) through each applicable vesting date, 25% of the RSUs shall vest on November 6, 2017, with the remaining 75% of the RSUs to vest annually in equal installments, beginning on May 1, 2018. Upon vesting, the issuer will withhold shares sufficient to satisfy tax withholding obligations; the issuer will then be responsible for remitting a cash payment for the related withholding taxes; and the issuer will issue to the Reporting Person a net lower number of shares.
Remarks
Exhibit 24 - Power of Attorney