Michael J. Burdiek - Sep 16, 2022 Form 4 Insider Report for DocGo Inc. (DCGO)

Role
Director
Signature
/s/ Michael J. Burdiek
Stock symbol
DCGO
Transactions as of
Sep 16, 2022
Transactions value $
$0
Form type
4
Date filed
12/23/2022, 08:12 AM
Previous filing
Aug 9, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DCGO Common Stock Award +97K +23.35% 513K Sep 16, 2022 Direct F1
transaction DCGO Common Stock Disposed to Issuer $0 -6.99K -1.36% $0.00 506K Nov 4, 2022 Direct 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 DCGO Warrants to purchase Common Stock Options Exercise -434K -100% 0 Sep 16, 2022 Common Stock 97K $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 15, 2022, pursuant to the Warrant Agreement, dated October 14, 2020 ("Warrant Agreement"), by and between Issuer and Continental Stock Transfer & Trust Company ("Continental"), Issuer issued a notice of mandatory redemption of all issued and outstanding warrants to acquire Common Stock. On September 16, 2022, immediately prior to the redemption of warrants, Mr. Burdiek exercised his 434,437 private warrants to acquire common stock on a cashless basis at a conversion ratio of 0.2233 shares of Common Stock per private warrant, as established pursuant to the terms of the Warrant Agreement.
F2 Pursuant to Section 3.2(c)(i) of the Stock Escrow Agreement, dated August 15, 2021, by and among Issuer, Motion Acquisition LLC, and Continental Stock Transfer & Trust Company (as assigned from time to time), on November 4, 2022, Mr. Burdiek forfeited 6,986 shares of Common Stock for no consideration.