Rick Yang - Sep 15, 2023 Form 4 Insider Report for Bright Health Group Inc. (BHG)

Role
10%+ Owner
Signature
/s/ Louis Citron, attorney-in-fact
Stock symbol
BHG
Transactions as of
Sep 15, 2023
Transactions value $
$0
Form type
4
Date filed
9/19/2023, 06:32 PM
Previous filing
Aug 16, 2023
Next filing
Nov 2, 2023

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 BHG Warrant (Right to Buy) Purchase +552K +66.67% 1.38M Sep 15, 2023 Common Stock 552K $0.01 See Note 2 F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Warrants issued pursuant to the Warrantholders Agreement, dated August 4, 2023, between the Issuer and NEA 18 Venture Growth Equity, L.P. ("NEA 18 VGE"), and the Credit Agreement, dated August 4, 2023, between the Issuer and NEA 18 VGE.
F2 The Reporting Person is a manager of NEA 18 VGE GP, LLC, which is the sole general partner of NEA Partners 18 VGE, L.P. ("NEA Partners 18 VGE"). NEA Partners 18 VGE is the sole general partner of NEA 18 VGE, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 18 VGE in which the Reporting Person has no pecuniary interest.