0001209191-20-023255.txt : 20200403
0001209191-20-023255.hdr.sgml : 20200403
20200403170339
ACCESSION NUMBER: 0001209191-20-023255
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200401
FILED AS OF DATE: 20200403
DATE AS OF CHANGE: 20200403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fini Annmarie
CENTRAL INDEX KEY: 0001799183
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36061
FILM NUMBER: 20774405
MAIL ADDRESS:
STREET 1: C/O BENEFITFOCUS, INC.
STREET 2: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-04-01
0
0001576169
Benefitfocus,Inc.
BNFT
0001799183
Fini Annmarie
100 BENEFITFOCUS WAY
CHARLESTON
SC
29492
0
1
0
0
Exec. VP Customer Success Org.
Common Stock
2020-04-01
4
M
0
319
0.00
A
51952
D
Common Stock
2020-04-01
4
S
0
3245
8.15
D
48707
D
Performance Restricted Stock Units
2020-04-01
4
M
0
319
0.00
D
2020-04-01
Common Stock
319
744
D
Performance Restricted Stock Units
2020-04-01
4
D
0
744
0.00
D
2020-04-01
Common Stock
744
0
D
Performance Restricted Stock Units
2020-04-01
4
D
0
9572
0.00
D
2023-04-01
Common Stock
9572
0
D
Stock Option (Right to Buy)
5.38
2020-07-01
Common Stock
5000
5000
D
Stock Option (Right to Buy)
10.30
2022-10-01
Common Stock
7000
7000
D
Stock Option (Right to Buy)
13.53
2023-05-08
Common Stock
2000
2000
D
Shares earned upon the vesting of a percentage of the performance restricted stock units ("PRSUs") granted to the Reporting Person on April 1, 2019. Each PRSU represented a contingent right to receive one share of Issuer common stock upon the Issuer's achievement of an annual revenue goal and an adjusted EBITDA goal, during the period of January 1, 2019 through December 31, 2019.
This transaction was executed in multiple trades at prices ranging from $7.99 to $8.63. 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 transaction were effected.
Represents the portion of PRSUs that were forfeited to the Issuer after determining the percentage of PRSUs that 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 vested 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 vested 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/ S. Halle Vakani, Attorney-in-Fact
2020-04-03