Howard L. Lance - Jun 22, 2021 Form 4 Insider Report for Change Healthcare Inc. (CHNG)

Role
Director
Signature
/s/ Carrie Ratliff, as Attorney-in-Fact
Stock symbol
CHNG
Transactions as of
Jun 22, 2021
Transactions value $
$0
Form type
4
Date filed
6/24/2021, 02:28 PM
Previous filing
Jun 16, 2021
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHNG Common Stock Award $0 +7.14K +3.37% $0.00 219K Jun 22, 2021 Direct F1

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 CHNG Stock Appreciation Right Award $0 +63.2K $0.00 63.2K Jun 22, 2021 Common Stock 63.2K $8.07 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of deferred stock units that vests on June 22, 2022. The shares subject to the units will be issued to the Reporting Person after the Reporting Person's separation from service from the Issuer.
F2 Reflects the vesting of shares of 2.5x stock appreciation rights 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 stock appreciation rights vested upon achievement of certain performance criteria on June 22, 2021.
F3 These stock appreciation rights are fully vested.