Filing Details

Accession Number:
0001209191-15-059582
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-07-06 16:54:16
Reporting Period:
2015-07-01
Filing Date:
2015-07-06
Accepted Time:
2015-07-06 16:54:16
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 2015-07-01 12,241 $3.80 100,065 No 4 M Direct
Common Stock Disposition 2015-07-01 1,500 $39.85 98,565 No 4 S Direct
Common Stock Disposition 2015-07-01 5,955 $40.82 92,610 No 4 S Direct
Common Stock Disposition 2015-07-01 2,339 $41.60 90,271 No 4 S Direct
Common Stock Disposition 2015-07-01 2,147 $42.75 88,124 No 4 S Direct
Common Stock Disposition 2015-07-01 300 $43.50 87,824 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S 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 2015-07-01 12,241 $0.00 12,241 $3.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 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) $5.38 2020-06-30 19,644 19,644 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
2020-06-30 19,644 19,644 Direct
2022-10-01 7,000 7,000 Direct
2023-05-07 5,000 5,000 Direct
Footnotes
  1. This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2015 and effective on June 1, 2015.
  2. This transaction was executed in multiple trades at prices ranging from $39.22 to $40.21. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  3. This transaction was executed in multiple trades at prices ranging from $40.22 to $41.13. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  4. This transaction was executed in multiple trades at prices ranging from $41.27 to $42.21. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  5. This transaction was executed in multiple trades at prices ranging from $42.27 to $43.21. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  6. This transaction was executed in multiple trades at prices ranging from $43.32 to $43.74. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  7. This option is fully vested.
  8. This option was granted on July 1, 2010 and vested 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.
  9. 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.
  10. 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.