0001437749-23-025395.txt : 20230907
0001437749-23-025395.hdr.sgml : 20230907
20230907161551
ACCESSION NUMBER: 0001437749-23-025395
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230905
FILED AS OF DATE: 20230907
DATE AS OF CHANGE: 20230907
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Toledo Henry
CENTRAL INDEX KEY: 0001992217
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34221
FILM NUMBER: 231242434
MAIL ADDRESS:
STREET 1: 6900 LAYTON AVENUE, 12TH FLOOR
CITY: DENVER
STATE: CO
ZIP: 80237
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ModivCare Inc
CENTRAL INDEX KEY: 0001220754
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
IRS NUMBER: 860845127
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6900 LAYTON AVENUE
STREET 2: 12TH FLOOR
CITY: DENVER
STATE: CO
ZIP: 80237
BUSINESS PHONE: 303-728-7030
MAIL ADDRESS:
STREET 1: 6900 LAYTON AVENUE
STREET 2: 12TH FLOOR
CITY: DENVER
STATE: CO
ZIP: 80237
FORMER COMPANY:
FORMER CONFORMED NAME: PROVIDENCE SERVICE CORP
DATE OF NAME CHANGE: 20030226
4
1
rdgdoc.xml
FORM 4
X0508
4
2023-09-05
0001220754
ModivCare Inc
MODV
0001992217
Toledo Henry
6900 LAYTON AVENUE
12TH FLOOR
DENVER
CO
80237
1
Chief People Officer
0
Common Stock
2023-09-05
4
A
0
17287
0
A
17287
D
Performance Restricted Stock Units
2023-09-05
4
A
0
13094
0
A
2026-09-05
Common Stock
13094
13094
D
Represents restricted stock units scheduled to vest as follows: (i) 5,050 shares will vest on September 5, 2024, (ii) 5,049 shares will vest on September 5, 2025 and (iii) 7,188 shares will vest on September 5, 2026, in each case, subject to the reporting person's continued employment.
Represents the contingent right to receive a number of shares of issuer common stock determined by multiplying the number of performance units by a percentage from 50% to 200% that corresponds to specified revenue and Adjusted EBITDA thresholds measured by reference to the issuer's audited financial statements for its fiscal year ending December 31, 2025, subject to the reporting person's continued employment through the vesting date of September 5, 2026. The number of shares of common stock reported assumes a revenue and Adjusted EBITDA performance target achieved that corresponds to a 100% payout level.
/s/ Jonathan B. Bush by Power of Attorney
2023-09-07