Lewis Gold - 17 Mar 2022 Form 4 Insider Report for Cano Health, Inc.

Role: Director
Signature: /s/ David J. Armstrong, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 17 Mar 2022
Net transactions value: +$2,043,000
Form type: 4
Filing time: 21 Mar 2022, 17:46:56 UTC
Previous filing: 09 Feb 2022
Next filing: 18 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CANO	Class A Common Stock	Purchase	$2,043,000	+300,000	+2024%	$6.81^*	314,825	17 Mar 2022	Direct	F1
transaction	CANO	Class A Common Stock	Conversion of derivative security	$0	+10,000	+0.82%	$0.000000	1,233,085	21 Mar 2022	By EGGE, LLC	F2, F3
holding	CANO	Class A Common Stock						158,850	17 Mar 2022	By EG Advisors, LLC	F4

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	Class B Common Stock	Conversion of derivative security		-10,000	-0.8%		1,233,085	21 Mar 2022	Class A Common Stock	10,000		By EGGE, LLC	F2, F3, F5
transaction	CANO	PCIH Common Units	Conversion of derivative security		-10,000	-0.8%		1,233,085	21 Mar 2022	Class A Common Stock	10,000		By EGGE, LLC	F2, F3, F5

* 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 $6.595 to $6.95, 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.
F2	Reflects an exchange of PCIH Common Units together with the surrender and cancellation of the same number of shares of Class B Common Stock for an equal number of shares of Class A Common Stock, pursuant to the LLC Agreement. Transactions are exempt from Section 16(b) in reliance on Rule 16b-6(b).
F3	These securities are owned directly by EGGE, LLC and indirectly by the Reporting Person.
F4	These securities are owned directly by EG Advisors, LLC and indirectly by the Reporting Person.
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, are exchangeable for shares of Class A Common Stock, par value $0.0001 per share, on a one-for-one basis pursuant to the Second Amended And Restated Limited Liability Company Agreement of Primary Care (ITC) Intermediate Holdings, LLC (the "LLC Agreement"). The PCIH Common Units have no expiration date.