Adair Newhall - Jun 24, 2021 Form 3 Insider Report for Bright Health Group Inc. (BHG)

Role
Director
Signature
/s/ Eric Halverson for Adair Newhall, Attorney-in-Fact
Stock symbol
BHG
Transactions as of
Jun 24, 2021
Transactions value $
$0
Form type
3
Date filed
6/24/2021, 09:03 PM
Next filing
Jun 30, 2021

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
holding BHG Series D Preferred Stock Jun 24, 2021 Common Stock 130K See Footnotes F1, F2, F3
holding BHG Series E Preferred Stock Jun 24, 2021 Common Stock 14K See Footnotes F1, F2, F3
holding BHG Series E Preferred Stock Jun 24, 2021 Common Stock 80.8K See Footnotes F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Series D Preferred Stock and Series E Preferred Stock will automatically convert into shares of the Issuer's common stock ("Common Stock") on a 1:3 basis immediately prior to the closing of the Issuer's initial public offering and has no expiration date.
F2 Held directly by Greenspring SPV VII, L.P.
F3 The Reporting Person is a Partner of Greenspring Associates, LLC, which is the investment manager of the Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Funds, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
F4 Held directly by Greenspring SPV VII-E, L.P. (together with Greenspring SPV VII, L.P., the "Funds").