Ilene R. Baylinson - 18 Nov 2021 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Role
Group General Manager
Signature
David R. Francis: As Attorney-In-Fact for: Ilene R Baylinson
Issuer symbol
MMS
Transactions as of
18 Nov 2021
Net transactions value
-$787,259
Form type
4
Filing time
22 Nov 2021, 14:28:59 UTC
Previous filing
01 Sep 2021
Next filing
01 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMS Common Stock Sale $787,259 -9,681 -49% $81.32 10,001 19 Nov 2021 Direct F6

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 +2,326 $0.000000 2,326 18 Nov 2021 Common Stock 2,326 $72.31 Direct F1, F2, F3
transaction MMS Common Stock Award $0 +5,535 $0.000000 5,535 22 Nov 2021 Common Stock 5,535 $81.30 Direct F4, F5
* 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 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.
F3 Expiration date not applicable to Performance RSUs
F4 Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
F5 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 1845 09/30/2022 1845 09/30/2023 1845 09/30/2024 Expiration date not applicable to RSUs
F6 The weighted average sales price for prices ranging from $81.28 to $81.48. 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.