William D. Hansen - Aug 26, 2022 Form 4 Insider Report for Performant Financial Corp (PFMT)

Role
Director
Signature
/s/ Ian A. Johnston, Attorney-in-Fact for William D. Hansen
Stock symbol
PFMT
Transactions as of
Aug 26, 2022
Transactions value $
$0
Form type
4
Date filed
8/29/2022, 06:50 PM
Previous filing
May 31, 2022
Next filing
May 26, 2023

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 $0 +35.4K $0.00 35.4K Aug 26, 2022 Common Stock 35.4K 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 Reporting Person.
F2 Restricted Stock Unit Award was granted on August 26, 2022. The Restricted Stock Units will vest with respect to 100% of the shares subject to the award on the earlier of the Registrant's 2023 annual meeting of stockholders or a Change in Control (as defined in the Registrant's Amended and Restated 2012 Stock Incentive Plan). The restricted stock units may be settled only for shares of common stock on a one-for-one basis.