Jeffrey R. Immelt - Jun 24, 2021 Form 3 Insider Report for Bright Health Group Inc. (BHG)

Role
Director
Signature
/s/ Sasha Keough, attorney-in-fact
Stock symbol
BHG
Transactions as of
Jun 24, 2021
Transactions value $
$0
Form type
3
Date filed
6/24/2021, 09:20 PM
Previous filing
Jun 10, 2021
Next filing
Jun 30, 2021

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 BHG Series D Preferred Jun 24, 2021 Common Stock 39.9K Direct F1
holding BHG Series E Preferred Jun 24, 2021 Common Stock 44.1K Direct F1
holding BHG Stock Option (right to buy) Jun 24, 2021 Common Stock 540K $1.77 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Series D Preferred Stock and Series E Preferred Stock will automatically convert into shares of the Issuer's common stock on a 1:3 basis immediately prior to the closing of the Issuer's initial public offering and has no expiration date.
F2 These stock options vest over four years as follows: (a) 25% vested on May 28, 2021 (one year after the grant date), and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.