Filing Details

Accession Number:
0001209191-14-036453
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-22 21:17:05
Reporting Period:
2014-05-20
Filing Date:
2014-05-22
Accepted Time:
2014-05-22 21:17:05
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 2014-05-20 6,300 $3.50 19,001 No 4 M Direct
Common Stock Disposition 2014-05-20 6,300 $34.00 12,701 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 2014-05-20 6,300 $0.00 6,300 $3.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-12-31 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 40,000 40,000 Direct
Common Stock Stock Option (Right to Buy) $3.14 2018-02-01 41,600 41,600 Direct
Common Stock Stock Option (Right to Buy) $3.80 2019-06-30 50,000 50,000 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 40,000 40,000 Direct
2018-02-01 41,600 41,600 Direct
2019-06-30 50,000 50,000 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
  1. This option is fully vested.
  2. 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.
  3. 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.
  4. 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.