Avi S. Katz - Jan 31, 2024 Form 4 Insider Report for UpHealth, Inc. (UPHL)

Role
Director
Signature
/s/ Dr. Avi S. Katz
Stock symbol
UPHL
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 06:21 PM
Previous filing
Dec 18, 2023
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPHL Common Stock Award $0 +100K +720.15% $0.00 114K Jan 31, 2024 Direct F2
holding UPHL Common Stock 13.9K Jan 31, 2024 Direct F1
holding UPHL Common Stock 452K Jan 31, 2024 By GigAcquisitions2, LLC F3
* 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 Subject to the Reporting Person's continued service to the Company, the Restricted Stock Units ("RSUs") shall vest on January 1, 2025; 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.
F3 The Common Stock is held directly by GigAcquisitions2, LLC ("GigAcquisitions2"). The Common Stock held by GigAcquisitions2 is beneficially owned by Dr. Avi S. Katz, Chairman of the Board of Directors of the Company. Dr. Katz is the sole manager but is not a member of GigAcquisitions2 and, as a result, has sole voting and dispositive power over the shares held by GigAcquisitions2.