0001209191-15-082679.txt : 20151201
0001209191-15-082679.hdr.sgml : 20151201
20151201182656
ACCESSION NUMBER: 0001209191-15-082679
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151127
FILED AS OF DATE: 20151201
DATE AS OF CHANGE: 20151201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Benefitfocus,Inc.
CENTRAL INDEX KEY: 0001576169
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 462346314
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
BUSINESS PHONE: 843-849-7476
MAIL ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ALPERN MILTON
CENTRAL INDEX KEY: 0001244860
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36061
FILM NUMBER: 151263303
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-11-27
0
0001576169
Benefitfocus,Inc.
BNFT
0001244860
ALPERN MILTON
100 BENEFITFOCUS WAY
CHARLESTON
SC
29492
0
1
0
0
Chief Financial Officer
Common Stock
2015-11-27
4
M
0
5000
8.11
A
34533
D
Common Stock
2015-11-27
4
S
0
5000
40.52
D
29533
D
Stock Option (Right to Buy)
8.11
2015-11-27
4
M
0
5000
0.00
D
2022-01-08
Common Stock
5000
156844
D
Stock Option (Right to Buy)
9.33
2022-06-30
Common Stock
12115
12115
D
Stock Option (Right to Buy)
10.30
2022-09-30
Common Stock
2000
2000
D
This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2015 and modified on November 12, 2015 effective on November 27, 2015.
This transaction was executed in multiple trades at prices ranging from $40.21 to $40.72. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This option was granted on January 9, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on January 9, 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.
This option was granted on July 1, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on January 9, 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.
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.
/s/ Donald R. Reynolds, Attorney-in-Fact
2015-12-01