Marlow Hernandez - Aug 16, 2021 Form 4/A - Amendment Insider Report for Cano Health, Inc. (CANO)

Role: CEO and President, Director
Signature: /s/ David Armstrong, Attorney-in-Fact for Marlow Hernandez
Stock symbol: CANO
Transactions as of: Aug 16, 2021
Transactions value $: $2,747,800
Form type: 4/A - Amendment
Date filed: 8/23/2021, 08:05 AM
Date Of Original Report: Aug 18, 2021
Previous filing: Jun 14, 2021
Next filing: Aug 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CANO	Class A Common Stock	Purchase	$1.22M	+120K		$10.16^*	120K	Aug 16, 2021	Direct	F1
transaction	CANO	Class A Common Stock	Purchase	$860K	+90K	+75%	$9.55^*	210K	Aug 17, 2021	Direct	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	Purchase	$443K	+160K		$2.77^*	160K	Aug 16, 2021	Class A Common Stock	160K	$11.50	Direct	F3
transaction	CANO	Warrants to purchase Class A Common Stock	Purchase	$226K	+90K	+56.25%	$2.51^*	250K	Aug 17, 2021	Class A Common Stock	90K	$11.50	Direct	F4
holding	CANO	Class B Common Stock						22M	Aug 16, 2021	Class A Common Stock	22M		See Footnote	F5, F6
holding	CANO	PCIH Common Units						22M	Aug 16, 2021	Class A Common Stock	22M		See Footnote	F5, F6

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.05 to $10.27, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1)-(4) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.34 to $9.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1)-(4) to this Form 4.
F3	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $2.70 to $2.85, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1)-(4) to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $2.40 to $2.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1)-(4) to this Form 4.
F5	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 ("Class B Common Stock"), are exchangeable for either cash or shares of Class A Common Stock on a one-for-one basis. The PCIH Common Units have no expiration date.
F6	The Class B Common Stock and PCIH Common Units are owned indirectly by the reporting person through Hernandez Borrower Holdings, LLC. The reporting person has sole voting and dispositive power with respect to all of the securities held by Hernandez Borrower Holdings, LLC and therefore is the beneficial owner of these securities.