0001209191-20-005233.txt : 20200128
0001209191-20-005233.hdr.sgml : 20200128
20200128181824
ACCESSION NUMBER: 0001209191-20-005233
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200127
FILED AS OF DATE: 20200128
DATE AS OF CHANGE: 20200128
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Frantz John R
CENTRAL INDEX KEY: 0001645338
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12537
FILM NUMBER: 20555830
MAIL ADDRESS:
STREET 1: 18111 VON KARMAN AVE, SUITE 800
CITY: IRVINE
STATE: CA
ZIP: 92612
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEXTGEN HEALTHCARE, INC.
CENTRAL INDEX KEY: 0000708818
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 952888568
STATE OF INCORPORATION: CA
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 18111 VON KARMAN AVENUE
STREET 2: SUITE 800
CITY: IRVINE
STATE: CA
ZIP: 92612
BUSINESS PHONE: 949-255-2600
MAIL ADDRESS:
STREET 1: 18111 VON KARMAN AVENUE
STREET 2: SUITE 800
CITY: IRVINE
STATE: CA
ZIP: 92612
FORMER COMPANY:
FORMER CONFORMED NAME: QUALITY SYSTEMS, INC
DATE OF NAME CHANGE: 20180823
FORMER COMPANY:
FORMER CONFORMED NAME: NEXTGEN HEALTHCARE, INC
DATE OF NAME CHANGE: 20180823
FORMER COMPANY:
FORMER CONFORMED NAME: QUALITY SYSTEMS, INC
DATE OF NAME CHANGE: 20100804
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-01-27
0
0000708818
NEXTGEN HEALTHCARE, INC.
NXGN
0001645338
Frantz John R
18111 VON KARMAN AVENUE
SUITE 800
IRVINE
CA
92612
1
1
0
0
CEO and President
Common Stock
2020-01-27
4
A
0
236230
0.00
A
494405
D
Performance Stock Unit
2020-01-27
4
A
0
119559
0.00
A
Common Stock
119559
221159
D
The shares of restricted stock vest over three years from December 26, 2019 in semi-annual increments as follows: 16.66% vest at 6 months; 16.66% vest at 12 months, 16.66% vest at 18 months, 16.66% vest at 24 months, 16.66% vest at 30 months, and 16.7% vest at 36 months, subject to continued service through each vesting date.
The performance stock unit awards vest only in the event certain performance goals are achieved and there is continuous service through the date the goals are certified. Approximately 80% of the performance stock units are tied to the Company's fiscal year 2021 revenue goal and 20% are tied to the Company's fiscal year 2022 revenue goal. Performance stock unit awards funded for fiscal year 2021 and fiscal year 2022 revenue performance will be modified for cumulative 3-year total shareholder return ("TSR") on the three-year grant anniversary, which is also the cliff vest date. The number of shares to be issued may vary between 50% and 150% of the number of performance stock units depending on performance, and no such shares will be issued if threshold performance is not achieved.
James W. Sytsma, Attorney-in-Fact for John R. Frantz
2020-01-28