Kriten Joshi - 01 Aug 2022 Form 4 Insider Report for Change Healthcare Inc.

Role
Title: EVP and President, Network Solutions and President, Software and Analytics
Signature
/s/ Robert Zachary Beasley, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Aug 2022
Net transactions value
-$207,138
Form type
4
Filing time
03 Aug 2022, 17:04:44 UTC
Previous filing
19 Jul 2022
Next filing
05 Oct 2022
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 +8,656 +1.7% 531,768 01 Aug 2022 Direct F1
transaction CHNG Common Stock Disposed to Issuer $207,138 -8,656 -1.6% $23.93 523,112 01 Aug 2022 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 -8,656 -100% $0.000000* 0 01 Aug 2022 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.

Remarks:

Title: EVP and President, Network Solutions and President, Software and Analytics