WEGNER ALPANA (Chief Financial Officer) sold 4.1% of their position (9.88K shares) of BENEFITFOCUS, INC. on the open market

Open‑market sale worth $124.0K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

WEGNER ALPANA

Filed: 4/5/2022ACC: 0001209191-22-023397

InsiderWEGNER ALPANACIK 1822516

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IssuerBENEFITFOCUS, INC.CIK 1576169

Officer· Chief Financial Officer

Since Aug 2020

+111.06K

Net shares

Net buyer

$124.0K

Total sold

Open market trades

0B · 3S

Total transactions

205.63K acquired · 94.57K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+9.96K

Price / share

—

Trade value

—

% of position

7.0%

4/1/2022

141.93K→151.89K

Common Stock

Direct

M · Option Exercise

+23.97K

Price / share

—

Trade value

—

% of position

15.8%

4/1/2022

151.89K→175.86K

Common Stock

Direct

A · Award

+63.59K

Price / share

—

Trade value

—

% of position

36.2%

4/1/2022

175.86K→239.45K

Common Stock

Direct

S · Sale

−2.38K

Price / share

$12.47

Trade value

$29.62K

% of position

1.0%

4/1/2022

239.45K→237.08K

Common Stock

Direct

S · Sale

−5.81K

Price / share

$12.61

Trade value

$73.28K

% of position

2.5%

4/4/2022

237.08K→231.26K

Common Stock

Direct

S · Sale

−1.70K

Price / share

$12.44

Trade value

$21.11K

% of position

0.7%

4/5/2022

231.26K→229.57K

Total

Net shares

+87.64K

Net value

-$124K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/1/2022	M · Option Exercise	+9.96K	—	—	7.0%	141.93K	151.89K
Common Stock Direct	4/1/2022	M · Option Exercise	+23.97K	—	—	15.8%	151.89K	175.86K
Common Stock Direct	4/1/2022	A · Award	+63.59K	—	—	36.2%	175.86K	239.45K
Common Stock Direct	4/1/2022	S · Sale	−2.38K	$12.47	$29.62K	1.0%	239.45K	237.08K
Common Stock Direct	4/4/2022	S · Sale	−5.81K	$12.61	$73.28K	2.5%	237.08K	231.26K
Common Stock Direct	4/5/2022	S · Sale	−1.70K	$12.44	$21.11K	0.7%	231.26K	229.57K
Total			+87.64K		-$124K

Derivative Transactions5

Performance Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

9.96K shares

−9.96K

Strike price

Held after

0.00

Exercisable

—

4/1/2022

Performance Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

23.97K shares

−23.97K

Strike price

Held after

50.76K

Exercisable

—

4/1/2022

Performance Restricted Stock Units

Direct

D · Disposition

Converts to

Common Stock

50.76K shares

−50.76K

Strike price

Held after

0.00

Exercisable

—

4/1/2022

Performance Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

12.72K shares

+12.72K

Strike price

Held after

12.72K

Exercisable

—

4/1/2022

Performance Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

95.39K shares

+95.39K

Strike price

Held after

95.39K

Exercisable

—

4/1/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance Restricted Stock Units Direct	Common Stock9.96K shares	4/1/2022	M · Option Exercise	−9.96K	—	0.00
Performance Restricted Stock Units Direct	Common Stock23.97K shares	4/1/2022	M · Option Exercise	−23.97K	—	50.76K
Performance Restricted Stock Units Direct	Common Stock50.76K shares	4/1/2022	D · Disposition	−50.76K	—	0.00
Performance Restricted Stock Units Direct	Common Stock12.72K shares	4/1/2022	A · Award	+12.72K	—	12.72K
Performance Restricted Stock Units Direct	Common Stock95.39K shares	4/1/2022	A · Award	+95.39K	—	95.39K