Nathan Locke - 22 Dec 2021 Form 4 Insider Report for UpHealth, Inc.

Role
Director
Signature
/s/ Nathan Locke
Issuer symbol
N/A
Transactions as of
22 Dec 2021
Net transactions value
$0
Form type
4
Filing time
23 Dec 2021, 17:33:47 UTC
Previous filing
11 Jun 2021
Next filing
02 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPH Common Stock Award $0 +71,730 $0.000000 71,730 22 Dec 2021 Direct F1
transaction UPH Common Stock Award $0 +67,327 +94% $0.000000 139,057 22 Dec 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person's continued service to the Company, the Restricted Stock Units ("RSUs") shall vest on vest quarterly on each of February 1, May 1, August 1 and November 1, 2022; all RSUs shall immediately vest in the event of a Change of Control (as defined in the UpHealth, Inc. 2021 Equity Incentive Plan) of the Company.
F2 Subject to the Reporting Person's continued service to the Company, 1/3 of the RSUs shall vest on May 1, 2022, and the remaining 2/3 of the RSUs shall vest quarterly on each of August 1, November 1, February 1, and May 1 through May 1, 2024; all RSUs shall immediately vest in the event of a Change of Control (as defined in the UpHealth, Inc. 2021 Equity Incentive Plan) of the Company.