Laura S. Kaiser - Jan 1, 2022 Form 4 Insider Report for Nuance Communications, Inc. (NUAN)

Role
Director
Signature
By: /s/ Justine Bensussen For: Laura S. Kaiser
Stock symbol
NUAN
Transactions as of
Jan 1, 2022
Transactions value $
$5
Form type
4
Date filed
1/4/2022, 03:35 PM
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUAN Common Stock Award $4.52 +4.52K +6.47% $0.00* 74.4K Jan 1, 2022 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 NUAN Phantom Stock Award +5.67K 5.67K Jan 1, 2022 Common Stock 5.67K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are subject to a Restricted Stock Purchase Agreement and were issued pursuant to the 2020 Stock Plan. Shares will vest on the first anniversary of the date of grant.
F2 Each share of phantom stock represents a right to receive one share of common stock.
F3 The phantom stock becomes payable upon the reporting person ceasing to be a Director (as defined in the issuer's Non-Qualified Deferred Compensation Plan for directors) of the Company.
F4 Upon the vesting on January 1, 2022 of the restricted stock units granted to the reporting person on January 1, 2021, the reporting person deferred receipt of the 5,670 shares of common stock and received instead 5,670 shares of phantom stock pursuant to the issuer's Non-Qualified Deferred Compensation Plan for directors. As a result, the reporting person is reporting the acquisition of 5,670 shares of phantom stock.