SEC Form 4 · accession 0001619954-15-000024
Inovalon Holdings, Inc. · INOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith R Dunleavy
Officer — CEO & Chairman of the Board · Director · 10% Owner
Period of report
Aug 27, 2015
Accepted (ET)
Aug 31, 2015 · 1:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001619954
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 27, 2015 | P | 30,000 | $21.2028 | A | 30,000 | D | |
| Class A Common StockF2,F3 | Aug 28, 2015 | P | 20,000 | $21.4471 | A | 50,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.60 to $21.30, inclusive. The reporting person undertakes to provide to Inovalon Holdings, Inc., any security holder of Inovalon Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnotes (1) and (2) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.18 to $21.70, inclusive.
- F3Does not include 54,947,255 shares of Class B Common stock, consisting of (i) 47,476,820 shares of Class B Common Stock held by Meritas Group, Inc. and (ii) 7,470,435 shares of Class B Common Stock held by Meritas Holdings, LLC. Dr. Dunleavy, as the sole officer and sole director of Meritas Group, Inc. and as the sole non-member manager of Meritas Holdings, LLC, maintains sole voting and dispositive control over such shares. All ownership interests in Meritas Group, Inc. and Meritas Holdings, LLC are owned by an irrevocable trust for the sole benefit of Dr. Dunleavy's descendants and in which Dr. Dunleavy has no pecuniary interest.