Timothy P. Sullivan - Sep 9, 2021 Form 4 Insider Report for Option Care Health, Inc. (OPCH)

Role
Director, 10%+ Owner
Signature
/s/ Annie Terry, by power of attorney
Stock symbol
OPCH
Transactions as of
Sep 9, 2021
Transactions value $
-$247,480,000
Form type
4
Date filed
9/10/2021, 09:06 PM
Previous filing
Aug 6, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPCH Common Stock, par value $0.0001 Sale -$247M -9.2M -19.55% $26.90 37.9M Sep 9, 2021 See footnotes F2, F3, F4, F5
holding OPCH Common Stock, par value $0.0001 47.2K Sep 9, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Timothy P. Sullivan disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein.
F2 The per share sale price reported in this Form 4 does not reflect reduction for underwriting discounts.
F3 Consists of 37,865,391 shares of common stock held by HC Group Holdings I, LLC ("HC I").
F4 MDP HC Holdings, LLC ("MDP HC") is the controlling equityholder of HC I. Madison Dearborn Capital Partners VI-A, L.P. ("MDCP VI-A") is a controlling equityholder and Manager of MDP HC. Madison Dearborn Partners VI-A&C, L.P. ("MDP VI-A&C") is the general partner of MDCP VI-A. Madison Dearborn Partners, LLC ("MDP LLC") is the general partner of MDP VI-A&C. Elizabeth Q. Betten and Mr. Sullivan are Managing Directors of MDP LLC, limited partners of MDP VI-A&C, serve on the board of managers of HC I and serve on the board of directors of Option Care Health, Inc. Paul J. Finnegan and Samuel M. Mencoff are the sole members of a limited partner committee that (by majority vote) controls investment decisions of shares held directly by MDCP VI-A, and may be deemed to control the disposition of shares of Common Stock held directly by HC I.
F5 (Continued from Footnote 4) By virtue of the relationships described in this footnote, Ms. Betten and Messrs. Sullivan, Finnegan and Mencoff may be deemed to exercise voting and dispositive power with respect to the shares of Common Stock held by HC I. Each of Mr. Finnegan, Mr. Mencoff, Mr. Sullivan, Ms. Betten, MDP LLC, MDP VI-A&C, MDCP VI-A and MDP HC disclaims beneficial ownership of the shares of Common Stock owned by HC I except to the extent of its pecuniary interest therein.