SWAD STEPHEN M exercised options at BENEFITFOCUS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 4/5/2022ACC: 0001209191-22-023396
-23.57K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
23.75K acquired · 47.33K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+12.62K
Price / share
—
Trade value
—
% of position
6.5%
4/1/2022
192.94K→205.56K
Common Stock
Direct
Shares
+11.13K
Price / share
—
Trade value
—
% of position
5.4%
4/1/2022
205.56K→216.69K
Total
Net shares
+23.75K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/1/2022 | M · Option Exercise | +12.62K | — | — | 6.5% | 192.94K | 205.56K |
| Common Stock Direct | 4/1/2022 | M · Option Exercise | +11.13K | — | — | 5.4% | 205.56K | 216.69K |
| Total | +23.75K | $0.00 | ||||||
Derivative Transactions3
Performance Restricted Stock Units
Direct
Converts to
Common Stock
12.62K shares
Shares
−12.62K
Strike price
Held after
0.00
Exercisable
—
4/1/2022
Performance Restricted Stock Units
Direct
Converts to
Common Stock
11.13K shares
Shares
−11.13K
Strike price
Held after
23.57K
Exercisable
—
4/1/2022
Performance Restricted Stock Units
Direct
Converts to
Common Stock
23.57K shares
Shares
−23.57K
Strike price
Held after
0.00
Exercisable
—
4/1/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Restricted Stock Units Direct | Common Stock12.62K shares | 4/1/2022 | M · Option Exercise | −12.62K | — | 0.00 | |
| Performance Restricted Stock Units Direct | Common Stock11.13K shares | 4/1/2022 | M · Option Exercise | −11.13K | — | 23.57K | |
| Performance Restricted Stock Units Direct | Common Stock23.57K shares | 4/1/2022 | D · Disposition | −23.57K | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned170.88K
Total
170.88K indirect170.88K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 170.88K | Indirect |
| Total | 170.88K | 170.88K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported