Timothy C. Hannan - 08 Jun 2021 Form 4 Insider Report for eHealth, Inc. (EHTH)

Signature
/s/ Scott Giesler, as attorney-in-fact for Timothy C. Hannan
Issuer symbol
EHTH
Transactions as of
08 Jun 2021
Net transactions value
+$28,074
Form type
4
Filing time
10 Jun 2021, 21:14:47 UTC
Next filing
29 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EHTH Common Stock Award $28,074 +479 +0.77% $58.61 62,625 07 May 2021 Direct F1
transaction EHTH Common Stock Options Exercise $0 +2,500 +4% $0.000000 65,125 08 Jun 2021 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 EHTH Performance Stock Unit Options Exercise $0 -2,500 -33% $0.000000 5,000 08 Jun 2021 Common Stock 2,500 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the eHealth, Inc. 2020 Employee Stock Purchase Plan (the "ESPP"). In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the company's common stock on May 7, 2021.
F2 This represents the achievement of a stock price threshold under a performance restricted stock unit granted on March 17, 2021. Each unit represents a contingent right to receive one share of the company's common stock upon vesting. The shares are scheduled to vest on April 17, 2022, subject to the individual continuing to provide services to the company though the vesting date.
F3 The performance-based restricted stock units are eligible to vest during a four-year performance period following the award's grant date based on the company's stock price trading at certain pre-determined price thresholds. Once a price threshold is achieved, the portion of the award related to that threshold will vest one year later, subject to the individual continuing to provide services to the company through the applicable vesting date.