Richard Aguilar - Jun 26, 2023 Form 4 Insider Report for Cano Health, Inc. (CANO)

Role
Chief Clinical Officer
Signature
/s/ David J. Armstrong, Attorney-in-Fact
Stock symbol
CANO
Transactions as of
Jun 26, 2023
Transactions value $
$0
Form type
4
Date filed
6/28/2023, 04:49 PM
Previous filing
Jun 2, 2023
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CANO Class A Common Stock Conversion of derivative security $0 +550K +45.31% $0.00 1.76M Jun 26, 2023 Direct F1

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 CANO PCIH Common Units Conversion of derivative security $0 -550K -10.39% $0.00 4.74M Jun 26, 2023 Class A Common Stock 550K See Note F1, F2, F3
transaction CANO Class B Common Stock Conversion of derivative security $0 -550K -10.39% $0.00 4.74M Jun 26, 2023 Class A Common Stock 550K See Note F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the Reporting Person's exchange of Primary Care (ITC) Intermediate Holdings, LLC ("PCIH Common Units"), together with the surrender and cancellation of the same number of shares of the Issuer's Class B Common Stock, par value $0.0001 per share ("Class B Common Stock"), for an equal number of shares of the Issuer's Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), pursuant to the Second Amended and Restated Limited Liability Company Agreement of Primary Care (ITC) Intermediate Holdings, LLC (the "LLC Agreement"). Transactions are exempt from Section 16(b) in reliance on Rule 16b-6(b).
F2 PCIH Common Units, together with an equal number of shares of the Class B Common Stock, are exchangeable for shares of Class A Common Stock on a one-for-one basis pursuant to the LLC Agreement. The PCIH Common Units have no expiration date.
F3 These securities are owned directly by Aguilar Borrower Holdings LLC. The Reporting Person has sole voting and dispositive power with respect to all of these securities and therefore is a beneficial owner of these securities.