Kevin Wirges - Oct 29, 2021 Form 4 Insider Report for CareMax, Inc. (CMAX)

Role
EVP, Treasurer and CFO
Signature
/s/ Meredith Longsworth, Esq., as attorney-in-fact for Kevin Wirges
Stock symbol
CMAX
Transactions as of
Oct 29, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 09:15 PM
Previous filing
Nov 15, 2022
Next filing
Apr 5, 2022

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 Performance Stock Units Award $0 +6.65K $0.00 6.65K Oct 29, 2021 Class A Common Stock 6.65K $0.00 Direct F1
transaction CMAX Restricted Stock Units Award $0 +13.3K $0.00 13.3K Oct 29, 2021 Class A Common Stock 13.3K $0.00 Direct F2
transaction CMAX Stock Options Award $0 +13.3K $0.00 13.3K Oct 29, 2021 Class A Common Stock 13.3K $10.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") represents a contingent right to receive one share of the issuer's Class A common stock ("Common Stock") in accordance with the issuer's 2021 Long-Term Incentive Plan (the "Plan"). The PSUs vest based on the volume weighted average price (the "VWAP") of the Common Stock during the thirty trading days prior to July 1, 2023 (the "Measurement Period"). The number of PSUs listed is the base number of PSUs that may vest. The actual number of PSUs that will vest will be between zero and two times the base number of PSUs depending on the VWAP of the Common Stock during the Measurement Period.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock in accordance with the Plan. The RSUs will vest in three equal installments on October 29, 2022, June 8, 2023 and June 8, 2024.
F3 Each stock option represents a contingent right to receive, upon the exercise of a vested stock option, one share of Common Stock in accordance with the Plan. The stock options will vest in three equal installments on October 29, 2022, June 8, 2023 and June 8, 2024.