Jonathan B. Bush - Jul 20, 2021 Form 3 Insider Report for ModivCare Inc (MODV)

Role
SVP, GC and Secretary
Signature
/s/ Jonathan B. Bush
Stock symbol
MODV
Transactions as of
Jul 20, 2021
Transactions value $
$0
Form type
3
Date filed
7/28/2021, 05:37 PM
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MODV Common Stock 1.25K Jul 20, 2021 Direct F1

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
holding MODV Employee Stock Option (Right to Buy) Jul 20, 2021 Common Stock 2.06K $69.32 Direct F2
holding MODV Employee Stock Option (Right to Buy) Jul 20, 2021 Common Stock 453 $179.24 Direct F3
holding MODV Employee Stock Option (Right to Buy) Jul 20, 2021 Common Stock 718 $163.42 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Composed of an aggregate of (i) 638 restricted stock awards that vest in two equal installments on March 15, 2022 and March 15, 2023, (ii) 388 restricted stock units that vest in three substantially equal installments, as follows: (a) 129 of which vest on February 10, 2022; (b) 130 of which vest on February 10, 2023; and (c) 129 of which vest on February 10, 2024, and (iii) 221 restricted stock units that vest in three substantially equal installments, as follows: (a) 74 of which vest on July 19, 2022; (b) 73 of which vest on July 19, 2023; and (c) 74 of which vest on July 19, 2024, in each case subject to the reporting person's continued employment.
F2 This option vests and becomes fully exercisable with respect to the underlying shares as follows: (i) option vests with respect to 1,028 shares on March 15, 2022; and (ii) option vests with respect to remaining 1,028 shares on March 15, 2023, in each case subject to the reporting person's continued employment.
F3 This option vests and becomes fully exercisable with respect to the underlying shares in three equal annual installments beginning on February 10, 2022, in each case subject to the reporting person's continued employment.
F4 This option vests and becomes fully exercisable with respect to the underlying shares as follows: (i) option vests with respect to 239 shares on July 19, 2022; (ii) option vests with respect to 240 shares on July 19, 2023; and (iii) option vests with respect to 239 shares on July 19, 2024, in each case subject to the reporting person's continued employment.

Remarks:

Exhibit Index: Exhibit 24 - Power of Attorney