Wendy Cassity - 05 Nov 2021 Form 4 Insider Report for Nuance Communications, Inc. (NUAN)

Role
EVP & Chief Legal Officer
Signature
By: /s/ Justine Bensussen For: Wendy Cassity
Issuer symbol
NUAN
Transactions as of
05 Nov 2021
Transactions value $
-$2,138,322
Form type
4
Filing time
09 Nov 2021, 16:17:53 UTC
Previous filing
05 Nov 2021
Next filing
18 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUAN Common Stock Tax liability -$190,901 -3,464 -4.5% $55.11 73,850 05 Nov 2021 Direct F1
transaction NUAN Common Stock Tax liability -$278,181 -5,045 -6.8% $55.14 68,805 06 Nov 2021 Direct F1
transaction NUAN Common Stock Award $68.00 +68,264 +99% $0.001* 137,069 06 Nov 2021 Direct F2
transaction NUAN Common Stock Tax liability -$1,669,308 -30,274 -22% $55.14 106,795 06 Nov 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Company to cover the tax liability due upon the vesting of a time-based restricted stock award.
F2 These shares are pursuant to a performance-based restricted stock unit agreement with the company whereby targets defined by the Compensation Committee were deemed to be achieved for the 3-year measurement period ending on November 6, 2021.
F3 These shares were withheld by the Company to cover the tax liability due upon the vesting of the performance-based restricted stock award referenced in (2) above.