Keir D. Gumbs - Aug 15, 2023 Form 4 Insider Report for BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR)

Role
CVP and Chief Legal Officer
Signature
Maria Allen, Power of Attorney
Stock symbol
BR
Transactions as of
Aug 15, 2023
Transactions value $
-$422,546
Form type
4
Date filed
8/17/2023, 02:59 PM
Previous filing
Jul 24, 2023
Next filing
Sep 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BR Common Stock Award $0 +3.62K +34.26% $0.00 14.2K Aug 15, 2023 Direct F1
transaction BR Common Stock Options Exercise $0 +4.85K +34.16% $0.00 19K Aug 16, 2023 Direct F2
transaction BR Common Stock Tax liability -$423K -2.33K -12.24% $181.35 16.7K Aug 16, 2023 Direct

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 BR Restricted Stock Unit Options Exercise $0 -4.85K -100% $0.00* 0 Aug 16, 2023 Common Stock 4.85K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction reflects the amount of Restricted Stock Units granted under Broadridge's 2018 Omnibus Award Plan as determined at the end of a two-year performance period and represent a like number of shares of Broadridge common stock. The Restricted Stock Units will vest and convert into shares of Broadridge common stock on April 1, 2024.
F2 Each Restricted Stock Unit represented one share of Broadridge common stock and on August 16, 2023 4,848 Restricted Stock Units vested and converted into an equal number of shares of common stock.