RAYMOND B. RUDDY - 02 Mar 2023 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Role
Director
Signature
David R. Francis: As Attorney-In-Fact for: Raymond B Ruddy
Issuer symbol
MMS
Transactions as of
02 Mar 2023
Transactions value $
$0
Form type
4
Filing time
02 Mar 2023, 12:24:21 UTC
Previous filing
07 Dec 2022
Next filing
02 Jun 2023
SEC
View on sec.gov

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 MMS Dividend Equivalent Rights Award $0 +658 +0.34% $0.00 194K 28 Feb 2023 Common Stock 658 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalent rights accrued on previously-awarded restricted stock units ("RSU") which vest proportionately with RSUs to which they relate and on certain performance share units ("PSUs") where the performance criteria of such PSUs have been met. Each dividend equivalent right is the economic equivalent of one share of Maximus Common stock.