John Thomas Martinez - 20 Nov 2023 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Signature
John T Martinez
Issuer symbol
MMS
Transactions as of
20 Nov 2023
Net transactions value
$0
Form type
4
Filing time
21 Nov 2023, 17:42:00 UTC
Previous filing
20 Sep 2023
Next filing
04 Mar 2024

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 +7,331 $0.000000 7,331 20 Nov 2023 Common Stock 7,331 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
F2 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
F3 Reporting person also holds restricted stock units with respect to an additional 3,811 shares of common stock with varying vesting schedules.