Richard J. Nadeau - Nov 18, 2021 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Role
Chief Financial Officer
Signature
David R. Francis: As Attorney-In-Fact for: Richard J. Nadeau
Stock symbol
MMS
Transactions as of
Nov 18, 2021
Transactions value $
$0
Form type
4
Date filed
11/22/2021, 03:29 PM
Previous filing
Oct 4, 2021
Next filing
Dec 1, 2021

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 +3.78K $0.00 3.78K Nov 18, 2021 Common Stock 3.78K $72.31 Direct F1, F2, F3
transaction MMS Common Stock Award $0 +12.3K $0.00 12.3K Nov 22, 2021 Common Stock 12.3K $81.30 Direct F4, 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 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 4100 09/30/2022 4100 09/30/2023 4100 09/30/2024 Expiration date not applicable to RSUs
F6 Reporting person also holds restricted stock units with respect to an additional 108,194.13 shares of common stock with varying vesting schedules.