Jeffrey H. Margolis - 26 Mar 2021 Form 3/A - Amendment Insider Report for Alignment Healthcare, Inc. (ALHC)

Role
Director
Signature
/s/ Richard A. Cross, as Attorney-in-Fact, for Jeffrey H Margolis
Issuer symbol
ALHC
Transactions as of
26 Mar 2021
Net transactions value
$0
Form type
3/A - Amendment
Filing time
13 May 2021, 17:22:27 UTC
Date Of Original Report
26 Mar 2021
Previous filing
13 May 2021
Next filing
15 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ALHC Common Stock, par value $0.001 per share ("Common Stock") 439,254 26 Mar 2021 See Footnote F1, F2
holding ALHC Common Stock 33,333 26 Mar 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 379,907 shares of Common Stock of Alignment Healthcare, Inc. (the "Company") and 59,347 restricted shares of Common Stock of the Company that will vest upon a change of control of the Company or otherwise (A) if received in exchange for pre-IPO (as defined below) transaction-based incentive units, on the later of (x) the four-year anniversary of the initial vesting date, or (y) 50% on the first anniversary of Company's initial public offering (the "IPO") and 50% on the second anniversary of the IPO, in each case, subject to Mr. Margolis' continued employment or service on each such vesting date and (B) if received in exchange for pre-IPO service-based incentive units, according to the pre-IPO vesting schedule of the pre-IPO service-based incentive units.
F2 Represents securities held by the Margolis Family trust 12/23/98, of which Mr. Margolis is the trustee.
F3 Represents 33,333 shares of restricted Common Stock that will vest in equal annual installments on each of the first three anniversaries of the IPO unless Mr. Margolis is removed for cause or resigns prior to such dates.

Remarks:

This Form 3 amends and restates in its entirety the Form 3 filed by Mr. Margolis on March 26, 2021. The purpose of this Form 3 is to correct the form of ownership of 33,333 shares of restricted Common Stock which were inadvertently reported as being held indirectly in the original Form 3. Such shares of restricted Common Stock are held directly by Mr. Margolis. This amendment does not affect Mr. Margolis' aggregate beneficial ownership of securities of the Company.