Luis A. Clavell - Feb 1, 2022 Form 4 Insider Report for TRIPLE-S MANAGEMENT CORP (GTS)

Role
Director
Signature
/s/ Manuel Rodriguez-Boissen, Attorney-in-Fact
Stock symbol
GTS
Transactions as of
Feb 1, 2022
Transactions value $
-$2,747,520
Form type
4
Date filed
2/3/2022, 06:26 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTS Common Stock Disposed to Issuer -$2.75M -76.3K -100% $36.00 0 Feb 1, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Luis A. Clavell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The amount of securities beneficially owned reported in Column 4 includes certain Restricted Stock Units that were accelerated and vested in accordance with the terms of the Merger Agreement between Triple-S Management Corporation (the "Issuer"), GuideWell Mutual Holding Corporation and GuideWell Merger, Inc. dated August 23, 2021 (the "Merger Agreement").
F2 Pursuant to the terms of the Merger Agreement, all issued and outstanding shares of the Issuer were acquired at $36 per share.