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