Manuel Figueroa - 01 Feb 2022 Form 4 Insider Report for TRIPLE-S MANAGEMENT CORP

Role
Director
Signature
/s/ Manuel Rodriguez-Boissen, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Feb 2022
Net transactions value
-$1,900,332
Form type
4
Filing time
03 Feb 2022, 18:29:23 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTS Common Stock Disposed to Issuer $1,900,332 -52,787 -100% $36.00 0 01 Feb 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Manuel Figueroa 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"). The amount of securities beneficially owned reported in Column 4 includes 1,410 shares of Common Stock received by the reporting person pursuant to a share dividend issued by the Issuer to all holders of Common Stock on August 6, 2019.
F2 Pursuant to the terms of the Merger Agreement, all issued and outstanding shares of the Issuer were acquired at $36 per share.