George Lawrence Mikan III - Jun 24, 2021 Form 3 Insider Report for Bright Health Group Inc. (BHG)

Role
CEO & President, Director
Signature
/s/ Eric Halverson for George Lawrence Mikan, III, Attorney-in-Fact
Stock symbol
BHG
Transactions as of
Jun 24, 2021
Transactions value $
$0
Form type
3
Date filed
6/24/2021, 09:56 PM
Previous filing
Jun 30, 2021
Next filing
Jul 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 Stock Options (Right to Buy) Jun 24, 2021 Common Stock 7.7M $1.04 Direct F1
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 5.24M $1.77 Direct F2
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 1.65M $2.30 Direct F3
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 7.81M $2.30 Direct F4
holding BHG Stock Options (Right to Buy) Jun 24, 2021 Common Stock 3.6M $1.04 By Mikan Family Enterprise, LLC F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options vest over four years as follows: (a) 25% vests on January 23, 2020 (one year after the grant date), and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.
F2 These stock options vest over four years as follows: (a) 25% vests 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.
F3 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.
F4 These stock options vest over four years as follows: (a) 25% vests on February 10, 2022 (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 Fully invested.