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

Role: Director
Signature: /s/ Eric Halverson for Jeff Folick, Attorney-in-Fact
Issuer symbol: NEUE
Transactions as of: 24 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 24 Jun 2021, 21:57:09 UTC
Previous filing: 30 Jun 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						413,927	24 Jun 2021	Direct

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	156,570		Direct	F1
holding	BHG	Series B Preferred Stock							24 Jun 2021	Common Stock	30,941		Direct	F2
holding	BHG	Series C Preferred Stock							24 Jun 2021	Common Stock	32,079		Direct	F2
holding	BHG	Series D Preferred Stock							24 Jun 2021	Common Stock	13,311		Direct	F2
holding	BHG	Stock Options (Right to Buy)							24 Jun 2021	Common Stock	125,220	$0.6267	Direct	F3

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

Explanation of Responses:

Id	Content
F1	(1) 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	Each share of the Issuer's Series B Preferred Stock, Series C Preferred Stock, and Series D 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.
F3	These stock options vest over four years as follows: (a) 25% vested on April 3, 2019 (one year after the grant date), and (b) 1/48 of the original grant amount (546,411) vests in monthly installments for the following three years.