Timothy Fairbanks - Jun 15, 2021 Form 3 Insider Report for Convey Holding Parent, Inc. (CNVY)

Role
Chief Financial Officer & EVP
Signature
/s/ Giovanni Castellanos, attorney-in-fact for Timothy Fairbanks
Stock symbol
CNVY
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
3
Date filed
6/15/2021, 08:51 PM
Next filing
Mar 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CNVY Common Stock, par value $0.01 per share ("Common Stock") 266K Jun 15, 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
holding CNVY Stock Option (right to buy) Jun 15, 2021 Common Stock 546K $7.94 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 272,952 time-vesting options and (ii) 272,952 performance-vesting options. Time-vesting options are subject to a five-year time-based vesting schedule, with 20% vesting on September 4, 2020 and the remainder vesting in 16 equal installments every three months thereafter. Performance-vesting options vest over a five-year performance period commencing in 2019, with 20% of the stock options eligible to vest each year of the performance period based on achievement of certain financial metrics.

Remarks:

Exhibit 24 - Power of Attorney