Filing Details

Accession Number:
0001209191-14-043124
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-23 17:09:09
Reporting Period:
2014-06-19
Filing Date:
2014-06-23
Accepted Time:
2014-06-23 17:09:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1576169 BenefitfocusInc. BNFT Services-Prepackaged Software (7372) 462346314
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1244860 Milton Alpern 100 Benefitfocus Way
Charleston SC 29492
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-06-19 7,000 $8.11 20,152 No 4 M Direct
Common Stock Disposition 2014-06-19 7,000 $45.00 13,152 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2014-06-19 7,000 $0.00 7,000 $8.11
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
176,844 2022-01-31 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $9.33 2022-06-30 12,115 12,115 Direct
Common Stock Stock Option (Right to Buy) $10.30 2022-09-30 2,000 2,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-06-30 12,115 12,115 Direct
2022-09-30 2,000 2,000 Direct
Footnotes
  1. This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2014.
  2. This option was granted on January 31, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on January 9, 2013, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
  3. This option was granted on July 1, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on January 9, 2013, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
  4. This option was granted on October 1, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on October 1, 2013, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.