Barry S. Sternlicht - Jan 28, 2022 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: Jan 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/1/2022, 03:05 PM
Previous filing: Jan 6, 2022
Next filing: Feb 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CANO	Class A Common Stock	Award		+14.8K			14.8K	Jan 28, 2022	Direct	F1
holding	CANO	Class A Common Stock						34.8M	Jan 28, 2022	By JAWS Equity Owner 146, L.L.C.	F2

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

Explanation of Responses:

Id	Content
F1	These shares represent restricted stock units ("RSUs") granted under the Cano Health, Inc. 2021 Stock Option and Incentive Plan. Each unit represents a right to receive one share of the Issuer's Class A Common Stock. The RSUs vest on the earliest of (i) January 28, 2023 or (ii) the Issuer's next annual meeting of stockholders, in each case so long as the reporting person remains in service as a member of the board on such date.
F2	The reported securities are held by Jaws Sponsor LLC, JAWS Equity Owner 146, L.L.C. ("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

These shares represent restricted stock units ("RSUs") granted under the Cano Health, Inc. 2021 Stock Option and Incentive Plan. Each unit represents a right to receive one share of the Issuer's Class A Common Stock. The RSUs vest on the earliest of (i) January 28, 2023 or (ii) the Issuer's next annual meeting of stockholders, in each case so long as the reporting person remains in service as a member of the board on such date.

The reported securities are held by Jaws Sponsor LLC, JAWS Equity Owner 146, L.L.C. ("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.