Marlow Hernandez - May 31, 2023 Form 4 Insider Report for Cano Health, Inc. (CANO)

Role: CEO, Director
Signature: /s/ David J. Armstrong, Attorney-in-Fact
Stock symbol: CANO
Transactions as of: May 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/2/2023, 04:05 PM
Previous filing: Apr 6, 2023
Next filing: Jul 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CANO	Class A Common Stock	Award		+672K	+16.67%		4.7M	May 31, 2023	Direct	F1
holding	CANO	Class A Common Stock						67.6K	May 31, 2023	See Footnote	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 will vest ratably over three years, with 33% of the RSUs vesting on each of March 15, 2024, March 15, 2025 and March 15, 2026, respectively, subject to the reporting person's continued employment as of the applicable vesting date. The RSUs were granted on May 31, 2023.
F2	These shares are held indirectly by the Reporting Person through the Marlow B. Hernandez 2020 Family Trust.

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 will vest ratably over three years, with 33% of the RSUs vesting on each of March 15, 2024, March 15, 2025 and March 15, 2026, respectively, subject to the reporting person's continued employment as of the applicable vesting date. The RSUs were granted on May 31, 2023.

These shares are held indirectly by the Reporting Person through the Marlow B. Hernandez 2020 Family Trust.