Joseph C. Petro - 05 Nov 2021 Form 4 Insider Report for Nuance Communications, Inc.

Role
EVP & Chief Technology Officer
Signature
By: /s/ Justine Bensussen For: Joseph C. Petro
Issuer symbol
N/A
Transactions as of
05 Nov 2021
Net transactions value
-$4,776,318
Form type
4
Filing time
09 Nov 2021, 16:30:14 UTC
Previous filing
05 Nov 2021
Next filing
18 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUAN Common Stock Tax liability $569,893 -10,341 -7.5% $55.11 128,084 05 Nov 2021 Direct F1
transaction NUAN Common Stock Tax liability $600,916 -10,898 -8.5% $55.14 117,186 06 Nov 2021 Direct F1
transaction NUAN Common Stock Award $150 +149,662 +128% $0.001000* 266,848 06 Nov 2021 Direct F2
transaction NUAN Common Stock Tax liability $3,605,660 -65,391 -25% $55.14 201,457 06 Nov 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.