Mark D. Benjamin - 05 Nov 2021 Form 4 Insider Report for Nuance Communications, Inc. (NUAN)

Role
Chief Executive Officer, Director
Signature
By: /s/ Justine Bensussen For: Mark Benjamin
Issuer symbol
NUAN
Transactions as of
05 Nov 2021
Transactions value $
-$17,197,870
Form type
4
Filing time
09 Nov 2021, 16:15:41 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 -$1,671,761 -30,335 -3.84% $55.11 758,768 05 Nov 2021 Direct F1
transaction NUAN Common Stock Tax liability -$2,218,061 -40,226 -5.3% $55.14 718,542 06 Nov 2021 Direct F1
transaction NUAN Common Stock Award $544 +544,228 +75.74% $0.001* 1,262,770 06 Nov 2021 Direct F2
transaction NUAN Common Stock Tax liability -$13,308,590 -241,360 -19.11% $55.14 1,021,410 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.