Cathy R. Smith - Feb 19, 2021 Form 4 Insider Report for Bright Health Group Inc. (BHG)

Role
CFO & ADMINISTRATIVE OFFICER
Signature
/s/ Eric Halverson for Catherine R. Smith
Stock symbol
BHG
Transactions as of
Feb 19, 2021
Transactions value $
$1,848,571
Form type
4
Date filed
6/30/2021, 09:45 PM
Next filing
Jun 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHG Common Stock Options Exercise $1.22M +691K $1.77 691K Feb 19, 2021 Direct
transaction BHG Common Stock Options Exercise $266K +150K +21.72% $1.77 841K Feb 19, 2021 Direct
transaction BHG Common Stock Gift $0 -841K -100% $0.00* 0 Feb 19, 2021 Direct
transaction BHG Common Stock Gift $0 +841K $0.00 841K Feb 19, 2021 By The Smith Family Grantor Retained Annuity Trust F1
transaction BHG Common Stock Options Exercise $94.2K +53.1K $1.77 53.1K Mar 6, 2021 Direct
transaction BHG Common Stock Gift $0 -53.1K -100% $0.00* 0 Mar 6, 2021 Direct
transaction BHG Common Stock Gift $0 +53.1K +6.32% $0.00 894K Mar 6, 2021 By The Smith Family Grantor Retained Annuity Trust F1
transaction BHG Common Stock Options Exercise $22.2K +12.5K $1.77 12.5K Mar 19, 2021 Direct
transaction BHG Common Stock Gift $0 -6.25K -50.02% $0.00 6.25K Mar 19, 2021 Direct
transaction BHG Common Stock Gift $0 +6.25K +0.7% $0.00 900K Mar 19, 2021 By The Smith Family Grantor Retained Annuity Trust F1
transaction BHG Common Stock Options Exercise $94.2K +53.1K +850.58% $1.77 59.4K Apr 6, 2021 Direct
transaction BHG Common Stock Options Exercise $22.2K +12.5K +21.06% $1.77 71.9K Apr 21, 2021 Direct
transaction BHG Common Stock Options Exercise $94.2K +53.1K +73.91% $1.77 125K May 6, 2021 Direct
transaction BHG Common Stock Options Exercise $22.2K +12.5K +10% $1.77 137K May 19, 2021 Direct
transaction BHG Common Stock Options Exercise $9.08K +5.12K +3.73% $1.77 143K Jun 6, 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
transaction BHG Restrict Stock Units Award $0 +1.05M $0.00 1.05M Jun 28, 2021 Common Stock 1.05M Direct F2, F3, F4
transaction BHG Stock Options (Right to Buy) Award $0 +1.2M $0.00 1.2M Feb 19, 2021 Common Stock 1.2M $2.30 Direct F5
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -691K -27.08% $0.00 1.86M Feb 19, 2021 Common Stock 691K $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -150K -25% $0.00 450K Feb 19, 2021 Common Stock 150K $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -53.1K -2.86% $0.00 1.81M Mar 6, 2021 Common Stock 53.1K $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -12.5K -2.78% $0.00 438K Mar 19, 2021 Common Stock 12.5K $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -53.1K -2.94% $0.00 1.75M Apr 6, 2021 Common Stock 53.1K $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -12.5K -2.86% $0.00 425K Apr 21, 2021 Common Stock 12.5K $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -53.1K -3.03% $0.00 1.7M May 6, 2021 Common Stock 53.1K $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -12.5K -2.94% $0.00 413K May 19, 2021 Common Stock 12.5K $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -5.12K -0.3% $0.00 1.69M Jun 6, 2021 Common Stock 5.12K $1.77 Direct F6
holding BHG Stock Options (Right to Buy) 450K Feb 19, 2021 Common Stock 450K $2.30 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit Catherine R. Smith and Ryan T. Smith are the sole trustees.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock ("Common Stock").
F3 These performance-based restricted stock units ("PSUs") shall vest if the performance conditions described below are met.
F4 These PSUs shall vest as follows if the following price per share goals are met.
F5 These stock options vest over four years as follows: (a) 25% vests on June 24, 2022 and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.
F6 These stock options vest over four years as follows: (a) 25% vested on January 6, 2021, and (b) 1/48 of the original grant amount (2,550,000) vests in monthly installments for the following three years.
F7 These stock options vest over four years as follows: (a) 25% vested on February 19, 2021, and (b) 1/48 of the original grant amount (600,000) vests in monthly installments for the following three years.
F8 These stock options vest over four years as follows: (a) 25% vests on December 18, 2021, and (b) 1/48 of the original grant amount vests in monthly installments for the following three years.