0001209191-15-049631.txt : 20150603
0001209191-15-049631.hdr.sgml : 20150603
20150603164228
ACCESSION NUMBER: 0001209191-15-049631
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150508
FILED AS OF DATE: 20150603
DATE AS OF CHANGE: 20150603
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Benefitfocus,Inc.
CENTRAL INDEX KEY: 0001576169
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 462346314
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
BUSINESS PHONE: 843-849-7476
MAIL ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Taylor Donald R Jr
CENTRAL INDEX KEY: 0001586548
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36061
FILM NUMBER: 15910536
MAIL ADDRESS:
STREET 1: C/O BENEFITFOCUS, INC.
STREET 2: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-05-08
0
0001576169
Benefitfocus,Inc.
BNFT
0001586548
Taylor Donald R Jr
100 BENEFITFOCUS WAY
CHARLESTON
SC
29492
0
1
0
0
Chief Technology Officer
Common Stock
2015-05-08
4
M
0
9000
3.80
A
87824
D
Common Stock
2015-06-01
4
M
0
12241
3.80
A
100065
D
Common Stock
2015-06-01
4
S
0
12241
35.16
D
87824
D
Stock Option (Right to Buy)
3.80
2015-05-08
4
M
0
9000
0.00
D
2019-06-30
Common Stock
9000
24482
D
Stock Option (Right to Buy)
3.80
2015-06-01
4
M
0
12241
0.00
D
2019-06-30
Common Stock
12241
12241
D
Stock Option (Right to Buy)
5.38
2020-06-30
Common Stock
19644
19644
D
Stock Option (Right to Buy)
10.30
2022-10-01
Common Stock
7000
7000
D
Stock Option (Right to Buy)
13.53
2023-05-07
Common Stock
5000
5000
D
This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2015 and effective on June 1, 2015.
This transaction was executed in multiple trades at prices ranging from $35.00 to $35.69. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This option is fully vested.
This option was granted on July 1, 2010 and vested over a four-year period with one-fourth (1/4) of the option granted vesting on July 1, 2011, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
This option was granted on October 1, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on October 1, 2013, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
This option was granted on May 8, 2013 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on May 8, 2014, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
/s/ Donald R. Reynolds, Attorney-in-Fact
2015-06-03