Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PHR | Common Stock | Award | +5.46K | +0.44% | 1.25M | Sep 12, 2022 | Direct | F1 | ||
transaction | PHR | Common Stock | Tax liability | -$102K | -3.5K | -0.28% | $29.19 | 1.24M | Sep 12, 2022 | Direct | F2 |
holding | PHR | Common Stock | 255K | Sep 12, 2022 | Indig Dynasty Trust | F3 |
Id | Content |
---|---|
F1 | Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent awards received in lieu of the Reporting Person's cash bonus earned for the first half of the fiscal year ending January 31, 2023 under the Issuer's Senior Executive Cash Incentive Bonus Plan. The Reporting Person elected to convert such cash bonus into RSUs representing 115% of the earned cash bonus amount. The number of RSUs granted are based on a per share value of $29.19, the closing price of the Issuer's common stock on September 12, 2022. The shares underlying these RSUs (excluding shares that are withheld to cover applicable tax withholding obligations) must be held by the Reporting Person until the earlier of (i) the one-year anniversary of the grant date or (ii) a Sale Event (as defined in the Issuer's 2019 Stock Option and Incentive Plan). |
F2 | Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement of fully vested RSUs granted on September 12, 2022 and does not represent a sale by the Reporting Person. |
F3 | These shares are held by a family trust of which the Reporting Person's sister-in-law is the investment advisor and distribution advisor. Members of the Reporting Person's immediate family are the sole beneficiaries of such trust. |