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 | $0 | -533K | -33.33% | $0.00 | 1.07M | Dec 15, 2023 | Class A Common Stock | 533K | By ITC Rumba, LLC | F1, F2, F3, F4 | |
transaction | CANO | PCIH Common Units | Conversion of derivative security | $0 | -533K | -33.33% | $0.00 | 1.07M | Dec 15, 2023 | Class A Common Stock | 533K | By ITC Rumba, LLC | F1, F2, F3, F4 |
Id | Content |
---|---|
F1 | Reflects the Issuer's 1-for-100 reverse stock split effective as of November 3, 2023. |
F2 | Reflects the Reporting Person's exchange of Primary Care (ITC) Intermediate Holdings, LLC ("PCIH Common Units"), together with the surrender and cancellation of the same number of shares of the Issuer's Class B common stock, par value $0.01 per share ("Class B Common Stock"), for an equal number of shares of the Issuer's Class A common stock, par value $0.01 per share ("Class A Common Stock"), pursuant to the Second Amended and Restated Limited Liability Company Agreement of Primary Care (ITC) Intermediate Holdings, LLC (the "LLC Agreement"). |
F3 | These securities are owned directly by ITC Rumba, LLC ("ITC Rumba"), a ten percent owner of the Issuer. Elliot Cooperstone is the Founder and Managing Partner of ITC Rumba, LLC and therefore may be deemed the beneficial owner of these securities. |
F4 | PCIH Common Units, together with an equal number of shares of the Class B Common Stock, are exchangeable for shares of Class A Common Stock on a one-for-one basis pursuant to the LLC Agreement. The PCIH Common Units have no expiration date. |