Robert J. Sheehy - 24 Jun 2021 Form 3 Insider Report for Bright Health Group Inc. (NEUE)

Role
Chairman of the Board, Director
Signature
/s/ Eric Halverson for Robert J. Sheehy, Attorney-in-Fact
Issuer symbol
NEUE
Transactions as of
24 Jun 2021
Net transactions value
$0
Form type
3
Filing time
24 Jun 2021, 21:55:34 UTC
Previous filing
30 Jun 2021
Next filing
16 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BHG Common Stock 18,701,517 24 Jun 2021 By Robert J. Sheehy Revocable Trust F1

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 A Preferred Stock 24 Jun 2021 Common Stock 832,605 By Robert J. Sheehy Revocable Trust F1, F2
holding BHG Series B Preferred Stock 24 Jun 2021 Common Stock 521,115 By Robert J. Sheehy Revocable Trust F1, F3
holding BHG Stock Options (Right to Buy) 24 Jun 2021 Common Stock 4,008,000 $1.77 Direct F4
holding BHG Stock Options (Right to Buy) 24 Jun 2021 Common Stock 750,000 $2.30 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person is trustee.
F2 Each share of the Issuer's Series A Preferred Stock will automatically convert into shares of the Issuer's common stock ("Common Stock") on a 1:0.67874873 basis immediately prior to the closing of the Issuer's initial public offering and has no expiration date.
F3 Each share of the Issuer's Series B Preferred Stock will automatically convert into shares of Common Stock on a 1:3 basis immediately prior to the closing of the Issuer's initial public offering and has no expiration date.
F4 These stock options vest over four years as follows: (a) 25% vested on February 19, 2021 (one year after the grant date), and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.
F5 These stock options vest over four years as follows: (a) 25% vests on November 19, 2021 (one year after the grant date), and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.