Aric R. Sharp - 09 May 2023 Form 4 Insider Report for CLOVER HEALTH INVESTMENTS, CORP. /DE (CLOV)

Role: CEO of Value-Based Care
Signature: /s/ Scott Leffler as attorney-in-fact for Aric Sharp
Issuer symbol: CLOV
Transactions as of: 09 May 2023
Net transactions value: -$26,178
Form type: 4
Filing time: 16 Jun 2023, 16:02:09 UTC
Previous filing: 10 May 2022
Next filing: 10 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLOV	Class A Common Stock	Tax liability	$26,178	-28,148	-7.6%	$0.9300	342,819	09 May 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on May 9, 2023, of 25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on May 9, 2022, and timely reported on a Form 4 filed on May 10, 2022. The remaining RSUs will vest in twelve equal quarterly installments beginning on the date that is three months after May 9, 2023, in each case subject to the continued service of the Reporting Person on such vesting date.

Content

Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on May 9, 2023, of 25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on May 9, 2022, and timely reported on a Form 4 filed on May 10, 2022. The remaining RSUs will vest in twelve equal quarterly installments beginning on the date that is three months after May 9, 2023, in each case subject to the continued service of the Reporting Person on such vesting date.