Kriten Joshi - 20 Aug 2020 Form 4 Insider Report for Change Healthcare Inc.

Role
Exhibit List: Exhibit 24 - Power of Attorney Title: EVP, and President, Network Solutions
Signature
/s/ Robert Zachary Beasley, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
20 Aug 2020
Net transactions value
-$616,331
Form type
4
Filing time
25 Feb 2022, 15:41:54 UTC
Next filing
24 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHNG Common Stock Options Exercise +8,657 +3.1% 285,442 20 Aug 2020 Direct F1
transaction CHNG Common Stock Disposed to Issuer $111,935 -8,657 -3% $12.93 276,785 20 Aug 2020 Direct
transaction CHNG Common Stock Options Exercise +13,718 +5% 290,503 17 Jun 2021 Direct F1
transaction CHNG Common Stock Disposed to Issuer $316,474 -13,718 -4.7% $23.07 276,785 17 Jun 2021 Direct
transaction CHNG Common Stock Options Exercise +8,656 +3.1% 285,441 01 Aug 2021 Direct F1
transaction CHNG Common Stock Disposed to Issuer $187,922 -8,656 -3% $21.71 276,785 01 Aug 2021 Direct

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 Cash-Settled Restricted Stock Units Options Exercise $0 -8,657 -33% $0.000000 17,312 20 Aug 2020 Common Stock 8,657 Direct F1, F2
transaction CHNG Cash-Settled Restricted Stock Units Options Exercise $0 -13,718 -100% $0.000000* 0 17 Jun 2021 Common Stock 13,718 Direct F1, F3
transaction CHNG Cash-Settled Restricted Stock Units Options Exercise $0 -8,656 -50% $0.000000 8,656 01 Aug 2021 Common Stock 8,656 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each cash-settled restricted stock unit represents the contingent right to receive the cash value of one share of the Company's Common Stock upon vesting.
F2 Pursuant to a grant on August 20, 2019, whereby (a) one-third will vest on each of August 1, 2021 and 2022; and (b) one-third will vest on August 1, 2021, unless a Qualified MCK Exit (as defined in the LLC Agreement of Change Healthcare LLC) has occurred prior to the second anniversary of the Company's initial public offering, in which case such one-third of the cash-settled restricted stock units will instead vest on the later of (x) August 20, 2020 and (y) the date that is 30 days after a Qualified MCK Exit.
F3 Pursuant to a grant on June 17, 2020, these cash-settled restricted stock units vested in full on June 17, 2021.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney Title: EVP, and President, Network Solutions