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 $1,224,476 +690,624 $1.77 690,624 Feb 19, 2021 Direct
transaction BHG Common Stock +Options Exercise $265,950 +150,000 +21.72% $1.77 840,624 Feb 19, 2021 Direct
transaction BHG Common Stock -Gift $0 -840,624 -100% $0.00 0 Feb 19, 2021 Direct
transaction BHG Common Stock +Gift $0 +840,624 $0.00 840,624 Feb 19, 2021 By The Smith Family Grantor Retained Annuity Trust F1
transaction BHG Common Stock +Options Exercise $94,189 +53,124 $1.77 53,124 Mar 6, 2021 Direct
transaction BHG Common Stock -Gift $0 -53,124 -100% $0.00 0 Mar 6, 2021 Direct
transaction BHG Common Stock +Gift $0 +53,124 +6.32% $0.00 893,748 Mar 6, 2021 By The Smith Family Grantor Retained Annuity Trust F1
transaction BHG Common Stock +Options Exercise $22,159 +12,498 $1.77 12,498 Mar 19, 2021 Direct
transaction BHG Common Stock -Gift $0 -6,252 -50.02% $0.00 6,246 Mar 19, 2021 Direct
transaction BHG Common Stock +Gift $0 +6,252 +0.7% $0.00 900,000 Mar 19, 2021 By The Smith Family Grantor Retained Annuity Trust F1
transaction BHG Common Stock +Options Exercise $94,194 +53,127 +850.58% $1.77 59,373 Apr 6, 2021 Direct
transaction BHG Common Stock +Options Exercise $22,164 +12,501 +21.06% $1.77 71,874 Apr 21, 2021 Direct
transaction BHG Common Stock +Options Exercise $94,189 +53,124 +73.91% $1.77 124,998 May 6, 2021 Direct
transaction BHG Common Stock +Options Exercise $22,164 +12,501 +10% $1.77 137,499 May 19, 2021 Direct
transaction BHG Common Stock +Options Exercise $9,085 +5,124 +3.73% $1.77 142,623 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 +Grant/Award $0 +1,050,000 $0.00 1,050,000 Jun 28, 2021 Common Stock 1,050,000 Direct F2, F3, F4
transaction BHG Stock Options (Right to Buy) +Grant/Award $0 +1,200,000 $0.00 1,200,000 Feb 19, 2021 Common Stock 1,200,000 $2.30 Direct F5
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -690,624 -27.08% $0.00 1,859,376 Feb 19, 2021 Common Stock 690,624 $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -150,000 -25% $0.00 450,000 Feb 19, 2021 Common Stock 150,000 $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -53,124 -2.86% $0.00 1,806,252 Mar 6, 2021 Common Stock 53,124 $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -12,498 -2.78% $0.00 437,502 Mar 19, 2021 Common Stock 12,498 $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -53,127 -2.94% $0.00 1,753,125 Apr 6, 2021 Common Stock 53,127 $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -12,501 -2.86% $0.00 425,001 Apr 21, 2021 Common Stock 12,501 $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -53,124 -3.03% $0.00 1,700,001 May 6, 2021 Common Stock 53,124 $1.77 Direct F6
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -12,501 -2.94% $0.00 412,500 May 19, 2021 Common Stock 12,501 $1.77 Direct F7
transaction BHG Stock Options (Right to Buy) -Options Exercise $0 -5,124 -0.3% $0.00 1,694,877 Jun 6, 2021 Common Stock 5,124 $1.77 Direct F6
holding BHG Stock Options (Right to Buy) 450,000 Feb 19, 2021 Common Stock 450,000 $2.30 Direct F8

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.