Alberto de Solo - May 12, 2023 Form 4 Insider Report for CareMax, Inc. (CMAX)

Signature
/s/ Meredith Longsworth, Esq., as Attorney-in-Fact for Alberto de Solo
Stock symbol
CMAX
Transactions as of
May 12, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 08:51 PM
Previous filing
Nov 15, 2022
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMAX Class A Common Stock Options Exercise +15.1K +239.81% 21.4K May 12, 2023 Direct F1
holding CMAX Class A Common Stock 2.89M May 12, 2023 C.G.D. Investment Group F2

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 Restricted Stock Units Options Exercise $0 -15.1K -33.33% $0.00 30.2K May 12, 2023 Class A Common Stock 15.1K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 12, 2023, the reporting person received shares of common stock of the issuer in settlement of restricted stock units, which vested on April 1, 2023.
F2 The reported securities are held by C.G.D. Investment Group ("C.G.D."). Mr. de Solo beneficially owns the reported securities owned by C.G.D.
F3 Restricted Stock Units convert into common stock on a one-for-one basis.
F4 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock in accordance with the issuer's 2021 Long-Term Incentive Plan. The RSUs vests in three equal installments. The first installment vested on April 1, 2023 and the remaining shall vest on April 1, 2024 and April 1, 2025.