Elliot Cooperstone - 03 Jun 2021 Form 3 Insider Report for Cano Health, Inc.

Signature
/s/ Elliot Cooperstone
Issuer symbol
N/A
Transactions as of
03 Jun 2021
Net transactions value
$0
Form type
3
Filing time
14 Jun 2021, 21:18:33 UTC
Next filing
01 Feb 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CANO Class B Common Stock 03 Jun 2021 Class A Common Stock 159,780,988 $0.000000 By ITC Rumba, LLC F1, F2
holding CANO PCIH Common Units 03 Jun 2021 Class A Common Stock 159,780,988 $0.000000 By ITC Rumba, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common limited liability company units of Primary Care (ITC) Intermediate Holdings, LLC ("PCIH Common Units"), together with an equal number of shares of the Issuer's Class B Common Stock, par value $0.0001 per share, are exchangeable for either cash or shares of Class A Common Stock, par value $0.0001 per share, on a one-for-one basis from and after the one-year anniversary of the closing of the transactions contemplated by the Business Combination Agreement, dated as of November 11, 2020, by and among Jaws Acquisition Corp., Jaws Merger Sub, LLC, Primary Care (ITC) Intermediate Holdings, LLC ("PCIH") and PCIH's sole member, Primary Care (ITC) Holdings, LLC, subject to earlier termination upon the occurrence of certain events. The PCIH Common Units have no expiration date.
F2 These securities are owned directly by ITC Rumba, LLC ("ITC Rumba"), a ten percent owner of the Issuer. Elliot Cooperstone is the founder and managing partner of ITC Rumba and therefore the beneficial owner of these securities.