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

Role
Chief Health & Equity Officer
Signature
/s/ Eric Halverson for Tomas Valdivia, Attorney-in-Fact
Stock symbol
BHG
Transactions as of
Jun 24, 2021
Transactions value $
$0
Form type
3
Date filed
6/24/2021, 09:55 PM
Previous filing
Jun 30, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding BHG Common Stock 4.5M Jun 24, 2021 Direct
holding BHG Common Stock 770K Jun 24, 2021 By spouse
holding BHG Common Stock 770K Jun 24, 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 Jun 24, 2021 Common Stock 11.3K Direct F1
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 125K $1.04 Direct F2
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 775K $1.09 Direct F3
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 150K $1.77 Direct F4
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 150K $2.30 Direct F5

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.