AI assistant
MAXIMUS, INC. — Director's Dealing 2017
Sep 6, 2017
31016_dirs_2017-09-06_444d5a80-741d-4106-b80a-fc1d57d7d192.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MAXIMUS INC (MMS)
CIK: 0001032220
Period of Report: 2017-08-31
Reporting Person: Caswell Bruce (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-05 | Common Stock | M | 8000 | $11.55 | Acquired | 35904 | Direct |
| 2017-09-05 | Common Stock | S | 8000 | $60.23 | Disposed | 27904 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-31 | Dividend Equivalent Rights | $ | A | 77.177 | Acquired | Common Stock (77.177) | Direct | |
| 2017-09-05 | Common Stock | $11.55 | M | 8000 | Disposed | Common Stock (8000) | Direct |
Footnotes
F1: Dividend equivalent rights accrued on previously-awarded restricted stock units ("RSU") which vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of MAXIMUS common stock.
F2: These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2017.
F3: Weighted average sales price for prices ranging from $60.15 to $60.30. The reporting person will provide full information regarding the number of shares purchased or sold at each separate price upon request by the Commission staff, the issuer, or a security holder of the issuer.
F4: These options were part of an award made on 10/18/2007 which vested on 10/18/2008, 10/18/2009, 10/18/2010, 10/18/2011 and 10/18/2012. The options were scheduled to expire on 10/18/2017.