Simeon M. Kohl - 14 May 2025 Form 4 Insider Report for Performant Healthcare Inc (PHLT)

Role
Chief Executive Officer, Director
Signature
/s/ Rohit Ramchandani, Attorney-in-Fact for Simeon M. Kohl
Issuer symbol
PHLT
Transactions as of
14 May 2025
Net transactions value
-$66,716
Form type
4
Filing time
16 May 2025, 15:38:24 UTC
Previous filing
05 May 2025
Next filing
13 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kohl Simeon Chief Executive Officer, Director 900 SOUTH PINE ISLAND ROAD, SUITE 150, PLANTATION /s/ Rohit Ramchandani, Attorney-in-Fact for Simeon M. Kohl 16 May 2025 0001703807

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PHLT Common Stock, par value $0.0001 per share Options Exercise $0 +25,000 +5.9% $0.000000 449,824 14 May 2025 Direct
transaction PHLT Common Stock, par value $0.0001 per share Tax liability $23,538 -9,088 -2% $2.59 440,736 14 May 2025 Direct F1
transaction PHLT Common Stock, par value $0.0001 per share Options Exercise $0 +45,862 +10% $0.000000 486,598 14 May 2025 Direct
transaction PHLT Common Stock, par value $0.0001 per share Tax liability $43,178 -16,671 -3.4% $2.59 469,927 14 May 2025 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 PHLT Restricted Stock Units Options Exercise $0 -25,000 -50% $0.000000 25,000 14 May 2025 Common Stock 25,000 $0.000000 Direct F2, F3
transaction PHLT Restricted Stock Units Options Exercise $0 -45,862 -33% $0.000000 91,724 14 May 2025 Common Stock 45,862 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares surrendered to pay tax liability due on vesting of Restricted Stock Units
F2 Each restricted stock unit represents a contingent right to receive one share of PHLT's common stock. The units were awarded at no cost to the Reporting Person.
F3 Restricted Stock Unit award was granted on March 10, 2022 ("Grant Date"). The Restricted Stock Units will vest in four equal installments on the first day of the next open trading window immediately following the first, second, third and fourth anniversaries of the Grant Date provided that the Reporting Person remains in continuous service through each vest date, subject to vesting acceleration pursuant to the terms of the Reporting Person's Change in Control and Severance Agreement.
F4 Restricted Stock Unit Award was granted on May 5, 2023 (the "Grant Date"). The Restricted Stock Units will vest in four equal installments on the first day of the next open trading window immediately following the first, second, third and fourth anniversaries of the Grant Date provided that the Reporting Person remains in continuous service through each vest date, subject to vesting acceleration pursuant to the terms of the Reporting Person's Change in Control and Severance Agreement.