Mark D. Benjamin - Nov 5, 2021 Form 4 Insider Report for Nuance Communications, Inc. (NUAN)

Role
Chief Executive Officer, Director
Signature
By: /s/ Justine Bensussen For: Mark Benjamin
Stock symbol
NUAN
Transactions as of
Nov 5, 2021
Transactions value $
-$17,197,870
Form type
4
Date filed
11/9/2021, 04:15 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 -$1.67M -30.3K -3.84% $55.11 759K Nov 5, 2021 Direct F1
transaction NUAN Common Stock Tax liability -$2.22M -40.2K -5.3% $55.14 719K Nov 6, 2021 Direct F1
transaction NUAN Common Stock Award $544 +544K +75.74% $0.00* 1.26M Nov 6, 2021 Direct F2
transaction NUAN Common Stock Tax liability -$13.3M -241K -19.11% $55.14 1.02M 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.