NEA 18 Venture Growth Equity, L.P. - Dec 19, 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
Dec 19, 2023
Transactions value $
$0
Form type
4
Date filed
12/21/2023, 04:51 PM
Previous filing
Nov 2, 2023
Next filing
Apr 10, 2024

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 +176K +11.85% 1.66M Dec 19, 2023 Common Stock 176K $0.01 Direct 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 securities are directly held by NEA 18 VGE and are indirectly held by NEA Partners 18 VGE, L.P. ("NEA Partners 18 VGE"), the sole general partner of NEA 18 VGE, NEA 18 VGE GP, LLC ("NEA 18 VGE GP"), the sole general partner of NEA Partners 18 VGE, and the individual managers of NEA 18 VGE GP (NEA Partners 18 VGE, NEA 18 VGE GP and the individual managers of NEA 18 VGE GP (collectively, the "Managers") together, the "Indirect Reporting Persons"). The Mangers are Ali Behbahani, Carmen Chang, Anthony Florence, Jr., Mohamad Makhzoumi, Edward Mathers, Scott Sandell, Paul Walker and Rick Yang. The Indirect Reporting Persons disclaim 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 Indirect Reporting Persons have no pecuniary interest.