R. Ilene Baylinson - Nov 17, 2023 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Role
General Manager - Health & Hum
Signature
David R Francis: As Attorney-In-Fact for: Ilene Baylinson
Stock symbol
MMS
Transactions as of
Nov 17, 2023
Transactions value $
-$220,673
Form type
4
Date filed
11/21/2023, 04:55 PM
Previous filing
Oct 3, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMS Common Stock Award $0 +5.35K +75.99% $0.00 12.4K Nov 17, 2023 Direct F1
transaction MMS Common Stock Tax liability -$221K -2.68K -21.64% $82.31 9.71K Nov 17, 2023 Direct F2

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 Restricted Stock Units Award $0 +7.33K $0.00 7.33K Nov 20, 2023 Common Stock 7.33K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were received upon the release of performance stock units granted on November 23, 2020, including 2,326.38 performance stock units which were previously reported on a Form 4 filed on November 22, 2021.
F2 These shares were surrendered to satisfy the withholding tax due in connection with the release of the performance stock unit.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
F4 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: A 3-year ratable vest that occurs on 09/30/2024, 09/30/2025, and 09/30/2026
F5 Reporting person also holds restricted stock units with respect to an additional 8,977.76 shares of common stock with varying vesting schedules.