Francis S. Soistman Jr. - 02 Nov 2021 Form 4 Insider Report for eHealth, Inc. (EHTH)

Signature
/s/ Scott Giesler as attorney-in-fact for Francis S. Soistman
Issuer symbol
EHTH
Transactions as of
02 Nov 2021
Net transactions value
-$11,242
Form type
4
Filing time
04 Nov 2021, 20:07:24 UTC
Previous filing
04 Nov 2021
Next filing
15 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EHTH Common Stock Award $0 +12,500 $0.000000 12,500 02 Nov 2021 Direct F1
transaction EHTH Common Stock Award $0 +60,000 +480% $0.000000 72,500 02 Nov 2021 Direct F2
transaction EHTH Common Stock Tax liability $11,242 -246 -0.34% $45.70 72,254 02 Nov 2021 Direct F3

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 Award $0 +70,000 $0.000000 70,000 02 Nov 2021 Common Stock 70,000 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents an award of restricted stock units. Each unit represents a contingent right to receive one share of the company's common stock upon vesting. 1/16 of the shares subject to this award vested on the date of grant of November 2, 2021, and the remainder of the shares subject to this award will vest in fifteen equal quarterly installments thereafter, subject to the individual continuing to provide services to the company through the applicable vesting date.
F2 This represents an award of restricted stock units. Each unit represents a contingent right to receive one share of the company's common stock upon vesting. The restricted stock units vest as to 25% of the shares one year after the the vesting commencement date of September 22, 2021, and the remainder of the shares subject to this award will vest in equal quarterly installments thereafter, subject to the individual continuing to provide services to the company through the applicable vesting date.
F3 Represents the withholding of shares to satisfy tax withholding obligation.
F4 The performance-based restricted stock units will be 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 on the earlier of the first anniversary of the date that the price threshold was met or the fourth anniversary of the date of grant, subject to the individual continuing to provide services to the company through the applicable vesting date.