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

Role: Interim CEO, 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, 04:24 PM
Previous 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	Disposed to Issuer		-15.3K	-100%		0	Jun 28, 2024	Direct	F1, F2
transaction	CANO	Class A Common Stock	Disposed to Issuer		-46K	-100%		0	Jun 28, 2024	See Footnote	F1, F2, F3
transaction	CANO	Class A Common Stock	Disposed to Issuer		-23.6K	-100%		0	Jun 28, 2024	See Footnote	F1, F2, F4
transaction	CANO	Class A Common Stock	Disposed to Issuer		-23.6K	-100%		0	Jun 28, 2024	See Footnote	F1, F2, F5
transaction	CANO	Class A Common Stock	Disposed to Issuer		-1.75K	-100%		0	Jun 28, 2024	See Footnote	F1, F2, F6
transaction	CANO	Class A Common Stock	Disposed to Issuer		-1.75K	-100%		0	Jun 28, 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		+94.4K			94.4K	Jun 28, 2024	New Common Stock	94.4K	$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.