Lloyd Carney - 04 Mar 2022 Form 4 Insider Report for Nuance Communications, Inc.

Role
Director
Signature
By: /s/ Justine Bensussen For: Lloyd Andres Carney
Issuer symbol
N/A
Transactions as of
04 Mar 2022
Net transactions value
$0
Form type
4
Filing time
04 Mar 2022, 16:08:19 UTC
Previous filing
27 Jan 2022
Next filing
03 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUAN Common Stock Disposed to Issuer -4,519 -100% 0 04 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lloyd Carney is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of common stock (each, a Company Share), par value $0.001 per share, of Nuance Communications, Inc. (the Company) underlying restricted stock units (Company RSUs). Pursuant to the Agreement and Plan of Merger, dated as of April 11, 2021, by and among the Company, Microsoft Corporation and Big Sky Merger Sub Inc. (Merger Sub), each outstanding Company RSU award was canceled and converted into the right to receive an amount in cash, without interest and less any applicable tax withholdings, equal to the product of (i) $56.00 multiplied by (ii) the number of Company Shares underlying the Company RSU award.