Nuance Communications (NUAN) executive Petro sold 58,142 shares for $3.21M at an average $55.14
Insider transactions reported
Joseph Carl Petro (executive at Nuance Communications Inc., NUAN) reported that they sold 58,142 shares for $3.21M at an average $55.14, and received 56,257 shares between Nov 16, 2021 and Nov 18, 2021. After these transactions the filing shows 199,572 shares held directly.
- Reporting person
- Petro Joseph Carl
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 16, 2021 | Grant or award (A) | Common Stock1 | +56,257 | $0.00 | $56.26 | 257,714 direct |
| Nov 16, 2021 | Open-market sale (S) | Common Stock2 | -39,301 | $55.02 | $2.16M | 218,413 direct |
| Nov 18, 2021 | Open-market sale (S) | Common Stock3 | -18,841 | $55.39 | $1.04M | 199,572 direct |
Holdings before and after
- Common Stock: 201,457 to 199,572 direct
Footnotes from the filing
- 1. Shares are subject to a Restricted Stock Unit Agreement. Shares vest one-third on each grant anniversary date for three years.
- 2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.001 to $55.06. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
FAQ
What did Petro report in this NUAN Form 4?
Joseph Carl Petro (executive at Nuance Communications Inc., NUAN) reported that they sold 58,142 shares for $3.21M at an average $55.14, and received 56,257 shares between Nov 16, 2021 and Nov 18, 2021. After these transactions the filing shows 199,572 shares held directly.
How many NUAN shares does Petro hold after this filing?
The filing shows 199,572 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this NUAN insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for NUAN
Earlier insider filings at NUAN
- Nov 18, 2021SEC Form 4: Nole Diana L was granted 41,739 shares, increasing direct ownership by 54% to 119,336 units
- Nov 18, 2021SEC Form 4: Dahdah Robert was granted 45,368 shares, increasing direct ownership by 22% to 256,149 units
- Nov 18, 2021SEC Form 4: Cassity Wendy was granted 23,591 shares, increasing direct ownership by 22% to 130,386 units
- Nov 18, 2021SEC Form 4: Benjamin Mark D was granted 163,327 shares, increasing direct ownership by 16% to 1,184,737 units
- Nov 17, 2021SEC Form 4: Giterman Arthur G. covered exercise/tax liability with 3,020 shares and was granted 11,795 shares, increasing direct ownership by 8% to 121,894 units
Keep researching NUAN
- NUAN insider tradesEvery buy and sale reported by Nuance Communications Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
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