David Francis - Nov 18, 2021 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Signature
David R. Francis - General Counsel
Stock symbol
MMS
Transactions as of
Nov 18, 2021
Transactions value $
-$504,508
Form type
4
Date filed
11/22/2021, 02:01 PM
Previous filing
Oct 4, 2021
Next filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMS Common Stock Sale -$505K -6.19K -38.17% $81.53 10K Nov 19, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MMS Common Stock Award $0 +1.74K $0.00 1.74K Nov 18, 2021 Common Stock 1.74K $72.31 Direct F1, F2, F4
transaction MMS Common Stock Award $0 +4.61K $0.00 4.61K Nov 22, 2021 Common Stock 4.61K $81.30 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Restricted Stock Unit represents a contingent right to receive one share of common stock.
F2 Expiration date not applicable to Performance RSUs
F3 The weighted average sales price for prices ranging from $81.4 to $81.53. The reporting person will provide full information regarding the number of shares purchased or sold at each separate price upon request by the Commission staff, the issuer, or a security holder of the issuer.
F4 The shares were received for no consideration upon the satisfaction of performance criteria for the first tranche of the performance-vested restricted stock units granted on November 23, 2020 and remain subject to vesting based on continued employment through September 30, 2023.
F5 Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
F6 Restricted Stock Units vest based upon the following schedule, subject to deferred vesting for a longer period of the election of the individual, as permitted by the terms of the award: Shares Vest Date 1538 09/30/2022 1538 09/30/2023 1537 09/30/20124 Expiration date not applicable to RSUs