Angel L. Morales - Jun 28, 2024 Form 4 Insider Report for Cano Health, Inc. (CANO)

Role
Director
Signature
/s/ David J. Armstrong, Attorney-in-Fact
Stock symbol
CANO
Transactions as of
Jun 28, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 04:21 PM
Previous filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CANO Class A Common Stock Disposed to Issuer -69.7K -100% 0 Jun 28, 2024 By Angel Morales 2021 Irrevocable Trust F1, F2
transaction CANO Class A Common Stock Disposed to Issuer -2.49K -100% 0 Jun 28, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Angel L. Morales is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Beginning on February 4, 2024, the Issuer and certain of its direct and indirect subsidiaries (together with the Issuer, the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"), seeking relief under Chapter 11 of Title 11 of the United States Code. On June 28, 2024, the Bankruptcy Court entered an order confirming the Debtors' Fourth Amended Joint Chapter 11 Plan of Reorganization of Cano Health, Inc. and its Affiliated Debtors (the "Plan"), and on June 28, 2024 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. On the Effective Date, all outstanding shares of Class A Common Stock of the Issuer (the "Old Common Stock") and warrants, each exercisable for shares of Old Common Stock, were cancelled pursuant to the Plan.
F2 These securities are owned directly by the Angel Morales 2021 Irrevocable Trust. The Reporting Person's spouse and mother are co-trustees of such trust, have shared voting and dispositive power with respect to the securities and therefore are the beneficial owners of the securities. The Reporting Person expressly disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest therein.