Joseph C. Petro - Nov 5, 2021 Form 4 Insider Report for Nuance Communications, Inc. (NUAN)

Signature
By: /s/ Justine Bensussen For: Joseph C. Petro
Stock symbol
NUAN
Transactions as of
Nov 5, 2021
Transactions value $
-$4,776,318
Form type
4
Date filed
11/9/2021, 04:30 PM
Previous filing
Nov 5, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUAN Common Stock Tax liability -$570K -10.3K -7.47% $55.11 128K Nov 5, 2021 Direct F1
transaction NUAN Common Stock Tax liability -$601K -10.9K -8.51% $55.14 117K Nov 6, 2021 Direct F1
transaction NUAN Common Stock Award $150 +150K +127.71% $0.00* 267K Nov 6, 2021 Direct F2
transaction NUAN Common Stock Tax liability -$3.61M -65.4K -24.5% $55.14 201K Nov 6, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Company to cover the tax liability due upon the vesting of a time-based restricted stock award.
F2 These shares are pursuant to a performance-based restricted stock unit agreement with the company whereby targets defined by the Compensation Committee were deemed to be achieved for the 3-year measurement period ending on November 6, 2021.
F3 These shares were withheld by the Company to cover the tax liability due upon the vesting of the performance-based restricted stock award referenced in (2) above.