Alberto de Solo - Sep 14, 2021 Form 4 Insider Report for CareMax, Inc. (CMAX)

Role: EVP and COO
Signature: /s/ Joseph N. De Vera, Esq., as attorney-in-fact for Alberto de Solo
Stock symbol: CMAX
Transactions as of: Sep 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/16/2021, 09:46 PM
Previous filing: Jun 10, 2021
Next filing: Nov 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMAX	Class A Common Stock	Other		+434K	+17.66%		2.89M	Sep 14, 2021	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to that certain Business Combination Agreement, dated December 18, 2020 (the "Business Combination Agreement"), by and among CareMax, Inc. (the "Issuer") and the other parties thereto, upon the closing of the transactions set forth in the Business Combination Agreement on June 8, 2021 (the "Closing"), the reporting person became entitled to receive shares of the Issuer's Class A common stock ("Earnout Shares") if certain conditions set forth in the Business Combination Agreement were satisfied within either the first or second year after the Closing (the "Triggering Events"). The conditions for the first Triggering Event were fully satisfied on September 14, 2021, resulting in 434,471 of the Earnout Shares becoming issuable to the reporting person.
F2	The reported securities are owned by C.G.D. Investment Group ("C.D.G."). Mr. de Solo beneficially owns the reported securities owned by C.G.D.

Content

Pursuant to that certain Business Combination Agreement, dated December 18, 2020 (the "Business Combination Agreement"), by and among CareMax, Inc. (the "Issuer") and the other parties thereto, upon the closing of the transactions set forth in the Business Combination Agreement on June 8, 2021 (the "Closing"), the reporting person became entitled to receive shares of the Issuer's Class A common stock ("Earnout Shares") if certain conditions set forth in the Business Combination Agreement were satisfied within either the first or second year after the Closing (the "Triggering Events"). The conditions for the first Triggering Event were fully satisfied on September 14, 2021, resulting in 434,471 of the Earnout Shares becoming issuable to the reporting person.

The reported securities are owned by C.G.D. Investment Group ("C.D.G."). Mr. de Solo beneficially owns the reported securities owned by C.G.D.