Filing Details

Accession Number:
0001209191-14-077488
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-22 17:04:34
Reporting Period:
2014-12-18
Filing Date:
2014-12-22
Accepted Time:
2014-12-22 17:04:34
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
1294986 L Andrew Howell 100 Benefitfocus Way
Charleston SC 29492
Chief Commercial 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 Disposition 2014-12-18 7,500 $30.00 202,657 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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) $3.80 2019-06-30 3,098 3,098 Direct
Common Stock Stock Option (Right to Buy) $5.38 2020-06-30 17,871 17,871 Direct
Common Stock Stock Option (Right to Buy) $10.30 2022-09-30 22,667 22,667 Direct
Common Stock Stock Option (Right to Buy) $13.53 2023-05-07 51,461 51,461 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-06-30 3,098 3,098 Direct
2020-06-30 17,871 17,871 Direct
2022-09-30 22,667 22,667 Direct
2023-05-07 51,461 51,461 Direct
Footnotes
  1. This sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on May 19, 2014 and effective on May 20, 2014 and amended on December 2, 2014.
  2. This option is fully vested.
  3. 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.
  4. 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.
  5. 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.