Simeon M. Kohl - 10 Mar 2022 Form 4 Insider Report for Performant Financial Corp (PHLT)

Role
Officer
Signature
/s/ Ian A. Johnston, Attorney-in-Fact for Simeon M. Kohl
Issuer symbol
PHLT
Transactions as of
10 Mar 2022
Net transactions value
$0
Form type
4
Filing time
14 Mar 2022, 20:37:00 UTC
Previous filing
17 Nov 2021
Next filing
17 May 2022

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 PFMT Restricted Stock Units Award +100,000 100,000 10 Mar 2022 Common Stock 100,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of PFMT's common stock. The units were awarded at no cost to the Reporting Person.
F2 Restricted Stock Unit award was granted on March 10, 2022. The restricted stock unit award vests at a rate of 25% annually on the first, second, third, and fourth anniversaries of March 10, 2022, provided that the Reporting Person remains in continuous service through each vest date.