SEC Form 4 · accession 0001179110-18-008207
Cotiviti Holdings, Inc. · COTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Olefson
Officer — SVP, Gen. Counsel, Secretary
Period of report
Jun 5, 2018
Accepted (ET)
Jun 7, 2018 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001657197
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Jun 5, 2018 | M | 20,000 | $6.26 | A | 20,884 | D | |
| Common Stock, par value $0.001 per share | Jun 5, 2018 | S | 10,000 | $38.00 | D | 10,884 | D | |
| Common Stock, par value $0.001 per share | Jun 5, 2018 | S | 5,400 | $40.00 | D | 5,484 | D | |
| Common Stock, par value $0.001 per share | Jun 5, 2018 | S | 4,600 | $40.01 | D | 884 | D | |
| Common Stock, par value $0.001 per shareF3 | Jun 5, 2018 | S | 5,000 | $40.00 | A | 4,316 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F4 | $6.26 | Jun 5, 2018 | M | 20,000 | D | — | Nov 1, 2023 | Common Stock, par value $0.001 per share | 20,000 | 33,200 | D |
Explanation of responses
- F1The sales reported in this Form 4 of securities held directly by the Reporting Person were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 16, 2017.
- F2The sales reported in this Form 4 of securities held by the The Arnold Olefson 2007 Personal Residence Trust (the "Trust") were effected pursuant to a 10b5-1 trading plan adopted by the Trust on September 13, 2017.
- F3Held directly by The Arnold Olefson 2007 Personal Residence Trust, dated February 7, 2007, of which the Reporting Person serves as a Trustee.
- F4These options ("Performance Awards") vest based on upon the weighted average price of the Issuer's common stock for any fiscal quarter exceeding a value that shall be calculated by the Issuer at the end of each such fiscal quarter in accordance with Stock Option Award Agreement pursuant to which such Performance Awards were granted, subject to the Reporting Person's continued service through each applicable vesting date. All of these Performance Awards had vested as of September 30, 2016.