Tomas Valdivia - 24 Jun 2021 Form 3 Insider Report for Bright Health Group Inc. (NEUE)

Role: Chief Health & Equity Officer
Signature: /s/ Eric Halverson for Tomas Valdivia, Attorney-in-Fact
Issuer symbol: NEUE
Transactions as of: 24 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 24 Jun 2021, 21:55:48 UTC
Previous filing: 30 Jun 2021
Next filing: 16 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BHG	Common Stock						4,498,764	24 Jun 2021	Direct
holding	BHG	Common Stock						769,560	24 Jun 2021	By spouse
holding	BHG	Common Stock						769,560	24 Jun 2021	By Valdivia 2020 Family Investment, LLC

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	11,287		Direct	F1
holding	BHG	Stock Options (Right to Buy)							24 Jun 2021	Common Stock	125,001	$1.04	Direct	F2
holding	BHG	Stock Options (Right to Buy)							24 Jun 2021	Common Stock	775,002	$1.09	Direct	F3
holding	BHG	Stock Options (Right to Buy)							24 Jun 2021	Common Stock	150,000	$1.77	Direct	F4
holding	BHG	Stock Options (Right to Buy)							24 Jun 2021	Common Stock	150,000	$2.30	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	These stock options vest over four years as follows: (a) 25% vested on October 18, 2019 (one year after the grant date), and (b) 1/48 of the original grant amount (300,000) vests in monthly installments for the following three years.
F3	These stock options vest over four years as follows: (a) 25% vested on April 18, 2020 (one year after the grant date), and (b) 1/48 of the original grant amount (1,200,000) vests in monthly installments for the following three years.
F4	These stock options vest over four years as follows: (a) 25% vested on May 28, 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 June 24, 2022 and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.