Daniel D. Tempesta - Nov 5, 2021 Form 4 Insider Report for Nuance Communications, Inc. (NUAN)

Role
EVP & Chief Financial Officer
Signature
By: /s/ Justine Bensussen For: Daniel Tempesta
Stock symbol
NUAN
Transactions as of
Nov 5, 2021
Transactions value $
-$6,018,690
Form type
4
Date filed
11/9/2021, 04:27 PM
Previous filing
Nov 5, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUAN Common Stock Tax liability -$682K -12.4K -5.02% $55.11 234K Nov 5, 2021 Direct F1
transaction NUAN Common Stock Tax liability -$762K -13.8K -5.91% $55.14 220K Nov 6, 2021 Direct F1
transaction NUAN Common Stock Award $187 +187K +85.02% $0.00* 407K Nov 6, 2021 Direct F2
transaction NUAN Common Stock Tax liability -$4.57M -83K -20.38% $55.14 324K Nov 6, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Company to cover the tax liability due upon the vesting of a time-based restricted stock award.
F2 These shares are pursuant to a performance-based restricted stock unit agreement with the company whereby targets defined by the Compensation Committee were deemed to be achieved for the 3-year measurement period ending on November 6, 2021.
F3 These shares were withheld by the Company to cover the tax liability due upon the vesting of the performance-based restricted stock award referenced in (2) above.