Richard Denness - 09 Mar 2020 Form 4 Insider Report for Option Care Health, Inc. (OPCH)

Role
CHIEF STRATEGY OFFICER
Signature
/s/ Clifford E. Berman, by power of attorney
Issuer symbol
OPCH
Transactions as of
09 Mar 2020
Net transactions value
$0
Form type
4
Filing time
13 Jul 2021, 13:31:37 UTC
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPCH Common Stock, par value $0.0001 Award $0 +22,492 +38% $0.000000 82,348 09 Mar 2020 Direct F1
transaction OPCH Common Stock, par value $0.0001 Award $0 +9,888 +12% $0.000000 92,236 23 Feb 2021 Direct F2

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 OPCH Stock Option (Right to Buy) Award $0 +43,312 $0.000000 43,312 09 Mar 2020 Common Stock 43,312 $13.34 Direct F3
transaction OPCH Stock Option (Right to Buy) Award $0 +19,348 $0.000000 19,348 23 Feb 2021 Common Stock 19,348 $18.97 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received an award of restricted stock units on March 9, 2020. The number of restricted stock units granted was calculated to reflect $300,000 of value based on the closing price of the issuer's common stock on March 9, 2020, the date when the issuer's compensation committee approved equity awards for 2020.
F2 The reporting person received an award of restricted stock units on February 23, 2021. The number of restricted stock units granted was calculated to reflect $187,500 of value based on the closing price of the issuer's common stock on February 23, 2021, the date when the issuer's compensation committee approved changes to compensation for 2021.
F3 The stock option will vest as to 50% of the underlying shares of Common Stock on the second anniversary of the grant date and 25% on each of the third and fourth anniversaries of the grant date.
F4 The stock option will vest as to 50% of the underlying shares of Common Stock on the second anniversary of the grant date and 25% on each of the third and fourth anniversaries of the grant date.

Remarks:

Exhibit 24.1 Power of Attorney