SEC Form 4 · accession 0001209191-18-040720
Benefitfocus,Inc. · BNFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Swad
Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 1:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001576169
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 1, 2018 | A | 5,258 | $0.00 | A | 9,389 | D | |
| Common StockF2 | holding | — | — | — | 33,340 | I | By Stephen M. Swad Revocable Living Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units that vest on the earlier of July 1, 2019 or the date of the Issuer's 2019 annual meeting of stockholders, subject to the Reporting Person's continued service on the Issuer's Board of Directors.
- F2On August 18, 2017, the reporting person transferred 8,614 shares of Benefitocus, Inc. common stock to the Stephen M. Swad Revocable Living Trust, of which the reporting person and his wife are trustees and beneficiaries. The reporting person shares voting and investment control over these shares.