DFHTA Sponsor LLC - 08 Jun 2021 Form 4 Insider Report for Deerfield Healthcare Technology Acquisitions Corp.

Role
Director, Director by Deputization, 10%+ Owner
Signature
/s/ Lawrence Atinsky, Manager, DFHTA Sponsor LLC
Issuer symbol
N/A
Transactions as of
08 Jun 2021
Net transactions value
+$4,000,000
Form type
4
Filing time
10 Jun 2021, 17:45:02 UTC
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMAX Class A common stock Award $4,000,000 +400,000 $10.00 400,000 08 Jun 2021 Direct F1, F2
transaction CMAX Class A common stock Options Exercise $0 +3,368,750 +842% $0.000000 3,768,750 08 Jun 2021 Direct F2, F3

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 CMAX Class B common stock Options Exercise -3,368,750 -100% 0 08 Jun 2021 Class A common stock 3,368,750 Direct F2, F3
transaction CMAX Private Placement Warrants Award $0 +2,916,667 $0.000000 2,916,667 08 Jun 2021 Class A common stock 2,916,667 $11.50 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 8, 2021, immediately prior to, and conditioned upon the consummation of, CareMax, Inc.'s (formerly known as Deerfield Healthcare Technology Acquisitions Corp.) (the "Issuer") business combination with CareMax Medical Group, LLC and IMC Medical Group Holdings, LLC (the "Business Combination"), DFHTA Sponsor LLC acquired from the Issuer 400,000 shares of Class A common stock of the Issuer.
F2 DFHTA Sponsor LLC is the record holder of the securities reported herein. Mr. Atinsky is a manager of DFHTA Sponsor LLC and shares voting and investment discretion with respect to the common stock held of record by DFHTA Sponsor LLC. Mr. Atinsky disclaims any beneficial ownership of the securities held by DFHTA Sponsor LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly. Steven Hochberg, a manager of DFHTA Sponsor LLC previously served as chief executive officer of the Issuer and, until immediately following consummation of the Business Combination, a member of the Issuer's board of directors.
F3 In connection with the closing of the Business Combination, each share of the Issuer's Class B common stock automatically converted into one share of the Issuer's Class A common stock.
F4 DFHTA Sponsor LLC acquired the Private Placement Warrants from the Issuer in connection with the Issuer's initial public offering on July 21, 2020. As a result of the closing of the Business Combination, the Private Placement Warrants will become exercisable as of the date that is 12 months after the closing of the Issuer's initial public offering (i.e., July 21, 2021). The Private Placement Warrants will expire on June 8, 2026 or earlier upon redemption or liquidation.

Remarks:

See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.