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