Sanjeev K. Srivastava - May 6, 2021 Form 4 Insider Report for Bright Health Group Inc. (BHG)

Role
CEO, NEUEHEALTH
Signature
/s/ Eric Halverson for Sanjeev K. Srivastava, Attorney-in-Fact
Stock symbol
BHG
Transactions as of
May 6, 2021
Transactions value $
$1,100,905
Form type
4
Date filed
6/30/2021, 09:49 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 $1.05M +594K $1.77* 594K May 6, 2021 Direct
transaction BHG Common Stock Options Exercise $48.2K +27.2K +4.58% $1.77* 621K May 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 Restricted Stock Units Award $0 +1.05M $0.00 1.05M Jun 28, 2021 Common Stock 1.05M Direct F1, F2, F3
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -594K -39.58% $0.00 906K May 6, 2021 Common Stock 594K $1.77 Direct F4
transaction BHG Stock Options (Right to Buy) Options Exercise $0 -27.2K -39.58% $0.00 41.5K May 6, 2021 Common Stock 27.2K $1.77 Direct F5
holding BHG Stock Options (Right to Buy) 300K May 6, 2021 Common Stock 300K $2.30 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock ("Common Stock").
F2 These performance-based restricted stock units ("PSUs") shall vest if the performance conditions described below are met.
F3 These PSUs shall vest as follows if the following price per share goals are met.
F4 These stock options vest over four years as follows: (a) 25% vested on September 16, 2020 and (b) 1/48 of the original grant amount (of 1,500,000) vests in monthly installments for the following three years.
F5 These stock options vest over four years as follows: (a) 25% vested on September 16, 2020, and (b) 1/48 of the original grant amount (of 68,667) vests in monthly installments for the following three years.
F6 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.