Bradley M. Fluegel - Aug 26, 2022 Form 4 Insider Report for Performant Financial Corp (PFMT)

Role: Director
Signature: /s/ Ian A. Johnston, Attorney-in-Fact for Bradley M. Fluegel
Stock symbol: PFMT
Transactions as of: Aug 26, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/29/2022, 06:53 PM
Previous filing: Jul 6, 2022
Next filing: Feb 10, 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.

Content

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.

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.