James R. Arnold Jr. - Dec 27, 2022 Form 4 Insider Report for NEXTGEN HEALTHCARE, INC. (NXGN)

Role
Chief Financial Officer
Signature
/s/ Jeffrey D. Linton, Attorney-in-Fact for James R. Arnold, Jr.
Stock symbol
NXGN
Transactions as of
Dec 27, 2022
Transactions value $
-$532,874
Form type
4
Date filed
12/28/2022, 03:12 PM
Previous filing
Nov 4, 2022
Next filing
Sep 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXGN Common Stock Options Exercise +55K +10.83% 563K Dec 27, 2022 Direct F1
transaction NXGN Common Stock Tax liability -$445K -23.5K -4.17% $18.95 539K Dec 27, 2022 Direct F2
transaction NXGN Common Stock Tax liability -$88.3K -4.66K -0.86% $18.95 534K Dec 27, 2022 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 NXGN Performance Stock Units Options Exercise $0 -55K -100% $0.00* 0 Dec 27, 2022 Common Stock 55K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance stock units convert to shares of NXGN common stock on a one-for-one basis once fully vested.
F2 Represents shares withheld to satisfy tax withholding obligations on the vesting of performance stock units.
F3 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock.
F4 On December 27, 2022, 54,978 performance stock units vested for the reporting person based on the Company's achievement of fiscal year 2021 and 2022 revenue goals and modified for 3-year total shareholder return ("TSR") performance for the period December 26, 2019 through December 27, 2022.