Mark D. Kent - 28 Jun 2024 Form 4 Insider Report for Cano Health, Inc.

Role: Interim CEO, Director
Signature: /s/ David J. Armstrong, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 28 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Jul 2024, 16:24:26 UTC
Previous filing: 14 Jul 2023
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	Disposed to Issuer		-15,296	-100%		0	28 Jun 2024	Direct	F1, F2
transaction	CANO	Class A Common Stock	Disposed to Issuer		-45,995	-100%		0	28 Jun 2024	See Footnote	F1, F2, F3
transaction	CANO	Class A Common Stock	Disposed to Issuer		-23,609	-100%		0	28 Jun 2024	See Footnote	F1, F2, F4
transaction	CANO	Class A Common Stock	Disposed to Issuer		-23,609	-100%		0	28 Jun 2024	See Footnote	F1, F2, F5
transaction	CANO	Class A Common Stock	Disposed to Issuer		-1,749	-100%		0	28 Jun 2024	See Footnote	F1, F2, F6
transaction	CANO	Class A Common Stock	Disposed to Issuer		-1,749	-100%		0	28 Jun 2024	See Footnote	F1, F2, F7

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	New Warrants	Award		+94,416			94,416	28 Jun 2024	New Common Stock	94,416	$25.30	See Footnote	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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	Reflects the Issuer's 1-for-100 reverse stock split effective as of November 2, 2023.
F3	These securities are owned directly by Total Health Medical Centers, LLC, which is wholly owned by the reporting person.
F4	These securities are owned directly by Care Management Resources, LLC, which is wholly owned by the reporting person.
F5	These securities are owned directly by Procare Medical Management, LLC, which is wholly owned by the reporting person.
F6	These securities are owned directly by Your Partners in Health, LLC, which is wholly owned by the reporting person.
F7	These securities are owned directly by Your Partners in Health I, LLC, which is wholly owned by the reporting person.
F8	Pursuant to the Plan, on the Effective Date, the reporting person received warrants, each exercisable for one share of new common stock of the Issuer (the "New Warrants"). The New Warrants were received for no consideration and are owned directly by Nest Egg Trust LTD, which is wholly owned by the reporting person.