Barry S. Sternlicht - Jul 21, 2021 Form 4 Insider Report for Cano Health, Inc. (CANO)

Role: Director, 10%+ Owner
Signature: /s/ Michael Racich, Attorney-in-Fact for Barry Stuart Sternlicht
Stock symbol: CANO
Transactions as of: Jul 21, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/23/2021, 06:43 PM
Previous filing: Jul 14, 2021
Next filing: Aug 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CANO	Class A common stock	Other	$0	-4.38M	-11.18%	$0.00	34.8M	Jul 21, 2021	By JAWS Equity Owner 146, L.L.C.	F1, F2

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
transaction	CANO	Warrants to purchase Class A common stock	Other	$0	-2.69M	-25.53%	$0.00	7.84M	Jul 21, 2021	Class A Ordinary Shares	7.84M	$11.50	By JAWS Equity Owner 146, L.L.C.	F1, F2

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

Explanation of Responses:

Id	Content
F1	The reporting person had previously reported beneficial ownership of all securities held by Jaws Sponsor LLC but disclaimed beneficial ownership of such securities except to the extent of his pecuniary interest therein. In connection with the liquidation and distribution of securities held by Jaws Sponsor LLC, JAWS Equity Owner 146, L.L.C. ("Equity Owner") received 12,791,331 shares of Class A common stock and 7,844,639 Warrants to purchase shares of Class A common stock, each representing the reporting person's pecuniary interest in the holdings of Jaws Sponsor LLC immediately prior to the distribution. As a result, as reported herein, his reportable beneficial ownership was reduced by 4,383,660 shares of Class A common stock and 2,688,694 Warrants to purchase shares of Class A common stock, provided that his pecuniary interest is unchanged as a result of, and he received no consideration in connection with, the foregoing reductions.
F2	The reported securities are held by Equity Owner. The reporting person controls Equity Owner and is therefore deemed to be the beneficial owner of such securities, provided that, the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Content

The reporting person had previously reported beneficial ownership of all securities held by Jaws Sponsor LLC but disclaimed beneficial ownership of such securities except to the extent of his pecuniary interest therein. In connection with the liquidation and distribution of securities held by Jaws Sponsor LLC, JAWS Equity Owner 146, L.L.C. ("Equity Owner") received 12,791,331 shares of Class A common stock and 7,844,639 Warrants to purchase shares of Class A common stock, each representing the reporting person's pecuniary interest in the holdings of Jaws Sponsor LLC immediately prior to the distribution. As a result, as reported herein, his reportable beneficial ownership was reduced by 4,383,660 shares of Class A common stock and 2,688,694 Warrants to purchase shares of Class A common stock, provided that his pecuniary interest is unchanged as a result of, and he received no consideration in connection with, the foregoing reductions.

The reported securities are held by Equity Owner. The reporting person controls Equity Owner and is therefore deemed to be the beneficial owner of such securities, provided that, the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.