SEC Form 4 · accession 0001619954-16-000105
Inovalon Holdings, Inc. · INOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel L Rizzo
Other
Period of report
Jul 12, 2016
Accepted (ET)
Jul 13, 2016 · 12:28 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 StockF2 | Jul 12, 2016 | S | 27,871 | $20.0158 | D | 320,385 | D | |
| Class A Common StockF2,F3 | Jul 12, 2016 | S | 5,406 | $20.0164 | D | 449,359 | I | By Trust |
| Class A Common StockF2,F4 | Jul 12, 2016 | S | 10,300 | $20.0151 | D | 125,700 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted on August 27, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.05, 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 sold at each separate price within the range set forth in footnote 2 to this Form 4.
- F3Shares owned by an irrevocable charitable trust, with an unrelated trustee, over which Mr. Rizzo maintains dispositive control.
- F4Shares owned by an irrevocable trust for the sole benefit of Mr. Rizzo's son.