SEC Form 4 · accession 0001619954-15-000026
Inovalon Holdings, Inc. · INOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher E Greiner
Officer — Chief Product Officer & COO
Period of report
Aug 28, 2015
Accepted (ET)
Sep 1, 2015 · 4:59 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 B Common Stock | Aug 28, 2015 | X | 92,894 | $6.678 | A | 92,894 | D | |
| Class B Common Stock | Aug 28, 2015 | X | 22,821 | $7.03 | A | 115,715 | D | |
| Class B Common Stock | Aug 28, 2015 | X | 9,098 | $7.502 | A | 124,813 | D | |
| Class B Common stock | Aug 28, 2015 | C | 124,813 | $0.00 | D | 0 | D | |
| Class A Common Stock | Aug 28, 2015 | C | 124,813 | $0.00 | A | 124,813 | D | |
| Class A Common StockF2 | Aug 28, 2015 | S | 124,813 | $21.2029 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $6.678 | Aug 28, 2015 | X | 92,894 | D | Jun 30, 2014 | Jun 29, 2023 | Class B Common Stock | 92,894 | 139,341 | D |
| Employee Stock Option (right to buy) | $7.03 | Aug 28, 2015 | X | 22,821 | D | May 2, 2015 | May 1, 2024 | Class B Common Stock | 22,821 | 91,284 | D |
| Employee Stock Option (right to buy) | $7.502 | Aug 28, 2015 | X | 9,098 | D | May 14, 2015 | May 13, 2024 | Class B Common Stock | 9,098 | 36,392 | D |
Explanation of responses
- F1The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares, and has no expiration date. The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.20 to $21.26 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2)