Neil E. De Crescenzo - Jun 22, 2021 Form 4 Insider Report for Change Healthcare Inc. (CHNG)

Signature
/s/ Carrie Ratliff, as Attorney-in-Fact
Stock symbol
CHNG
Transactions as of
Jun 22, 2021
Transactions value $
-$2,482,814
Form type
4
Date filed
6/24/2021, 02:28 PM
Previous filing
Feb 25, 2022
Next filing
Dec 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHNG Common Stock Award $0 +273K +36.96% $0.00 1.01M Jun 22, 2021 Direct F1
transaction CHNG Common Stock Tax liability -$2.48M -107K -10.62% $23.15 903K Jun 22, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting of shares of 2.5x exit-vesting restricted stock that were granted in connection with the Company's JV with McKesson as replacement awards for unvested exit-vesting Legacy CHC stock options. The shares of exit-vesting restricted stock vested upon achievement of certain performance criteria on June 22, 2021.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of exit-vesting restricted stock described in footnote 1.