Sanjeev K. Srivastava - 06 May 2021 Form 4 Insider Report for Bright Health Group Inc. (NEUE)

Role: CEO, NEUEHEALTH
Signature: /s/ Eric Halverson for Sanjeev K. Srivastava, Attorney-in-Fact
Issuer symbol: NEUE
Transactions as of: 06 May 2021
Net transactions value: +$1,100,905
Form type: 4
Filing time: 30 Jun 2021, 21:49:47 UTC
Next filing: 24 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHG	Common Stock	Options Exercise	$1,052,715	+593,748		$1.77^*	593,748	06 May 2021	Direct
transaction	BHG	Common Stock	Options Exercise	$48,190	+27,180	+4.6%	$1.77^*	620,928	06 May 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	+1,050,000		$0.000000	1,050,000	28 Jun 2021	Common Stock	1,050,000		Direct	F1, F2, F3
transaction	BHG	Stock Options (Right to Buy)	Options Exercise	$0	-593,748	-40%	$0.000000	906,252	06 May 2021	Common Stock	593,748	$1.77	Direct	F4
transaction	BHG	Stock Options (Right to Buy)	Options Exercise	$0	-27,180	-40%	$0.000000	41,487	06 May 2021	Common Stock	27,180	$1.77	Direct	F5
holding	BHG	Stock Options (Right to Buy)						300,000	06 May 2021	Common Stock	300,000	$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.