STEPHEN C. FARRELL - 15 Jun 2021 Form 3 Insider Report for Convey Holding Parent, Inc. (CNVY)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Giovanni Castellanos, attorney-in-fact for Stephen C. Farrell
Issuer symbol: CNVY
Transactions as of: 15 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 15 Jun 2021, 20:51:53 UTC
Previous filing: 28 May 2021
Next filing: 21 Jun 2021
SEC: View on sec.gov

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")						591,862	15 Jun 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)							15 Jun 2021	Common Stock	1,501,240	$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) 750,620 time-vesting options and (ii) 750,620 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.

Content

Represents (i) 750,620 time-vesting options and (ii) 750,620 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.