Beck Martin S A - 10 Aug 2022 Form 4 Insider Report for UpHealth, Inc.

Role
Chief Financial Officer
Signature
/s/ Martin S.A. Beck
Issuer symbol
N/A
Transactions as of
10 Aug 2022
Net transactions value
-$2,906
Form type
4
Filing time
12 Aug 2022, 19:58:03 UTC
Previous filing
13 Jul 2022
Next filing
03 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPH Common Stock Tax liability $2,906 -4,469 -1% $0.6503 430,739 10 Aug 2022 Direct F1, F2
holding UPH Common Stock 435,208 10 Aug 2022 Direct F1
holding UPH Common Stock 1,222,082 10 Aug 2022 TTC Healthcare Partners, LLC F3
holding UPH Common Stock 1,861,645 10 Aug 2022 Rewi Enterprises, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes Restricted Stock Units ("Prior RSUs") of UpHealth, Inc. (the "Company"), that are subject to vesting pursuant to previously disclosed vesting schedules.
F2 The Company may withhold shares of stock subject to the Prior RSUs at the time of vesting for the purposes of satisfying any tax withholding obligations which arise in connection with the vesting of such Prior RSUs issued to Reporting Person.
F3 Mr. Beck has been an indirect equity owner and is the chairman of the board of directors of TTC Healthcare Partners, LLC ("TTC"), and as such, Mr. Beck may be deemed the beneficial owner of shares owned by TTC. Mr. Beck disclaims beneficial ownership of the shares held by TTC, except to the extent of his pecuniary interest therein, and the reporting herein of the shares held by TTC shall not be construed as an admission that Mr. Beck is the beneficial owner of those shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
F4 Rewi Enterprises, LLC, which is a direct member of TTC and of which Mr. Beck is the sole owner.