Jeffrey Folick - Jan 3, 2021 Form 4 Insider Report for Bright Health Group Inc. (BHG)

Role: Director
Signature: /s/ Eric Halverson for Jeffrey Folick, Attorney-in-Fact
Stock symbol: BHG
Transactions as of: Jan 3, 2021
Transactions value $: $35,671
Form type: 4
Date filed: 6/30/2021, 09:25 PM
Next filing: Jun 24, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHG	Common Stock	Options Exercise	$7.13K	+11.4K	+0.96%	$0.63^*	1.2M	Jan 3, 2021	Direct	F1
transaction	BHG	Common Stock	Options Exercise	$14.3K	+22.8K	+1.9%	$0.63^*	1.22M	Mar 3, 2021	Direct
transaction	BHG	Common Stock	Options Exercise	$7.13K	+11.4K	+0.93%	$0.63^*	1.23M	Apr 3, 2021	Direct
transaction	BHG	Common Stock	Options Exercise	$7.13K	+11.4K	+0.93%	$0.63^*	1.24M	May 3, 2021	Direct
transaction	BHG	Common Stock	Conversion of derivative security		+106K	+8.56%		1.35M	Jun 28, 2021	Direct	F2
transaction	BHG	Common Stock	Conversion of derivative security		+92.8K	+6.89%		1.44M	Jun 28, 2021	Direct	F3
transaction	BHG	Common Stock	Conversion of derivative security		+96.2K	+6.68%		1.54M	Jun 28, 2021	Direct	F3
transaction	BHG	Common Stock	Conversion of derivative security		+39.9K	+2.6%		1.58M	Jun 28, 2021	Direct	F3

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
transaction	BHG	Stock Options (Right to Buy)	Options Exercise	$0	-11.4K	-6.25%	$0.00	171K	Jan 3, 2021	Common Stock	11.4K	$0.63	Direct	F2
transaction	BHG	Stock Options (Right to Buy)	Options Exercise	$0	-22.8K	-13.33%	$0.00	148K	Mar 3, 2021	Common Stock	22.8K	$0.63	Direct	F2
transaction	BHG	Stock Options (Right to Buy)	Options Exercise	$0	-11.4K	-7.69%	$0.00	137K	Apr 3, 2021	Common Stock	11.4K	$0.63	Direct	F2
transaction	BHG	Stock Options (Right to Buy)	Options Exercise	$0	-11.4K	-8.33%	$0.00	125K	May 3, 2021	Common Stock	11.4K	$0.63	Direct	F2
transaction	BHG	Series A Preferred Stock	Conversion of derivative security	$0	-157K	-100%	$0.00^*	0	Jun 28, 2021	Common Stock	106K		Direct	F3
transaction	BHG	Series B Preferred Stock	Conversion of derivative security	$0	-30.9K	-100%	$0.00^*	0	Jun 28, 2021	Common Stock	92.8K		Direct	F4
transaction	BHG	Series C Preferred Stock	Conversion of derivative security	$0	-32.1K	-100%	$0.00^*	0	Jun 28, 2021	Common Stock	96.2K		Direct	F4
transaction	BHG	Series D Preferred Stock	Conversion of derivative security	$0	-13.3K	-100%	$0.00^*	0	Jun 28, 2021	Common Stock	39.9K		Direct	F4

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

Explanation of Responses:

Id	Content
F1	Reflects 1-for-3 forward stock split effected on June 2, 2021.
F2	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 (of 546,411) vests in monthly installments for the following three years.
F3	Each share of the Issuer's Series A Preferred Stock converted into shares of the Issuer's common stock on a 1:0.67874873 basis immediately prior to the closing of the Issuer's initial public offering. These preferred shares had no expiration date.
F4	Each share of the Issuer's Preferred Stock Series, B, C and D converted into shares of Common Stock on a 1:3 basis immediately prior to the closing of the Issuer's initial public offering. These preferred shares had no expiration date.