SEC Form 4 · accession 0000708818-16-000084
NEXTGEN HEALTHCARE, INC. · NXGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey H Margolis
Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000708818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 1, 2016 | A | 996 | $0.00 | A | 25,094 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Following the Reporting Person's appointment as Issuer's Chairman of the Board, Issuer increased the Reporting Person's equity compensation in recognition of his expanded duties and responsibilities. A previous award represented the Reporting Person's increased equity compensation for the portion of his current director term through March 31, 2016, the end of Issuer's fiscal year. At the time of the previous award, the amount of equity to be awarded for the post-March 31, 2016 portion of the Reporting Person's current director term could not be calculated because Issuer had not yet determined its annual shareholders' meeting date at which the director term would end. Issuer has since scheduled its annual shareholders' meeting for August 16, 2016. These shares represent the Reporting Person's increased equity compensation for the remaining portion of his current director term starting on April 1, 2016 and ending on the final date of his current director term, August 16, 2016.
- F2The Margolis Family Trust established December 23, 1998.