Filing Details
- Accession Number:
- 0001209191-14-076765
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-12-18 17:56:42
- Reporting Period:
- 2014-12-16
- Filing Date:
- 2014-12-18
- Accepted Time:
- 2014-12-18 17:56:42
- 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 |
|---|---|---|---|---|---|---|---|
| 1586548 | Jr R Donald Taylor | 100 Benefitfocus Way Charleston SC 29492 | Chief Technology 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 | 2014-12-16 | 8,118 | $3.80 | 71,119 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-12-16 | 8,118 | $25.00 | 63,001 | 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 | 2014-12-16 | 8,118 | $0.00 | 8,118 | $3.80 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 33,482 | 2019-06-30 | 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) | $3.09 | 2017-03-31 | 26,500 | 26,500 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $5.38 | 2020-06-30 | 35,000 | 35,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $10.30 | 2022-10-01 | 7,000 | 7,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $13.53 | 2023-05-07 | 5,000 | 5,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2017-03-31 | 26,500 | 26,500 | Direct |
| 2020-06-30 | 35,000 | 35,000 | Direct |
| 2022-10-01 | 7,000 | 7,000 | Direct |
| 2023-05-07 | 5,000 | 5,000 | Direct |
Footnotes
- This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2014 and amended on November 24, 2014.
- This option is fully vested.
- This option was granted on July 1, 2010 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on July 1, 2011, 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.
- 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.
- This option was granted on May 8, 2013 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on May 8, 2014, 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.
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