Joshua H. DeRienzis - 07 May 2021 Form 4 Insider Report for SURGALIGN HOLDINGS, INC.

Role
Chief Legal Officer
Signature
/s/ Joshua H. DeRienzis
Issuer symbol
N/A
Transactions as of
07 May 2021
Net transactions value
$0
Form type
4
Filing time
10 May 2021, 16:22:18 UTC
Next filing
01 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRGA Common Stock Award $0 +104,697 +72% $0.000000 249,404 07 May 2021 Direct F1, F2, F3
transaction SRGA Common Stock Award $0 +31,611 +13% $0.000000 281,015 07 May 2021 Direct F2
transaction SRGA Common Stock Award $0 +16,574 +5.9% $0.000000 297,589 07 May 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units will vest over three years with 1/3 of the shares vesting after year one and remaining 2/3 of the shares vesting prorated quarterly.
F2 Represents a portion of the 2020 short-term incentive plan; vests on May 7, 2022.
F3 Represents recoupment of lost wages during 2020; with 1/2 of the shares vesting after year one and remaining 1/2 of the shares after year two.