Kenneth Shepard - 07 Feb 2022 Form 4 Insider Report for ModivCare Inc (MODV)

Signature
/s/ Jonathan Bush by Power of Attorney
Issuer symbol
MODV
Transactions as of
07 Feb 2022
Net transactions value
$0
Form type
4
Filing time
09 Feb 2022, 19:22:22 UTC
Previous filing
28 Jul 2021
Next filing
20 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODV Common Stock Award $0 +970 +91% $0.000000 2,037 07 Feb 2022 Direct F1

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 MODV Employee Stock Option (Right to Buy) Award $0 +992 $0.000000 992 07 Feb 2022 Common Stock 992 $106.28 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units scheduled to vest as follows: (1) 323 shares will vest on February 7, 2023, (2) 324 shares will vest on February 7, 2024 and (3) 323 shares will vest on February 7, 2025, in each case, subject to Mr. Shepard's continued employment.
F2 This option will become fully exercisable as follows: (1) 331 shares will vest on February 7, 2023, (2) 330 shares will vest on February 7, 2024 and (3) 331 shares will vest on February 7, 2025, in each case, subject to Mr. Shepard's continued employment.