Lisa C. Im - 21 Oct 2025 Form 4 Insider Report for Performant Healthcare Inc (PHLT)

Role
Director
Signature
/s/ Rohit Ramchandani, Attorney-in-Fact for Lisa C. Im
Issuer symbol
PHLT
Transactions as of
21 Oct 2025
Net transactions value
$0
Form type
4
Filing time
21 Oct 2025, 12:09:43 UTC
Previous filing
04 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Im Lisa Director 4309 HACIENDA DR SUITE 110, PLEASANTON /s/ Rohit Ramchandani, Attorney-in-Fact for Lisa C. Im 21 Oct 2025 0001555694

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 Disposed to Issuer -1,229,413 -100% 0 21 Oct 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lisa C. Im is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated July 31, 2025 (the "Merger Agreement"), by and among Performant Healthcare, Inc. ("Performant" or "Company"), Continental Buyer, Inc., a Delaware corporation ("Continental" or "Parent") and Prevail Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Continental ("Merger Sub"), pursuant to which Merger Sub will be merged with and into Performant, with Performant surviving the merger as a wholly-owned subsidiary of Continental (the "Merger").
F2 Effective as of immediately prior to the Effective Time (as defined in the Merger Agreement), each share of the Company's Common Stock, par value $0.0001 per share, as the "Common Stock" or "Company Shares" issued and outstanding immediately prior to the Effective Time was canceled and converted into the right to receive $7.75 in cash without interest (the "Merger Consideration") subject to any applicable withholding taxes as provided in the Merger Agreement.