Debra L. Morris - Feb 16, 2022 Form 4 Insider Report for Apria, Inc. (APR)

Role: EVP, CFO
Signature: /s/ Timothy Maloche, as Attorney-in-Fact
Stock symbol: APR
Transactions as of: Feb 16, 2022
Transactions value $: -$1,489,777
Form type: 4
Date filed: 2/18/2022, 03:15 PM
Previous filing: Feb 1, 2022
Next filing: Mar 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APR	Common Stock	Options Exercise		+40K			40K	Feb 16, 2022	Direct	F1
transaction	APR	Common Stock	Disposed to Issuer	-$1.49M	-40K	-100%	$37.25	0	Feb 16, 2022	Direct	F1

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	APR	Restricted Stock Units	Options Exercise	$0	-40K	-100%	$0.00^*	0	Feb 16, 2022	Common Stock	40K		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents the vesting of restricted stock units which were settled through the payment of a cash amount equal to the value of the shares of common stock ("Common Stock") of Apria, Inc. (the "Issuer") underlying such vested units.
F2	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units may be settled in either Common Stock or cash.
F3	In connection with the closing of the Issuer's initial public offering (the "IPO"), the Reporting Person was granted 159,976 restricted stock units, of which 50% vested upon the closing of the IPO, 25% vested on the six month anniversary of the closing of the IPO, and the remainder of the award vested on the one-year anniversary of the closing of the IPO.