Michael H. Shapiro - Feb 22, 2023 Form 4 Insider Report for Option Care Health, Inc. (OPCH)

Role
Chief Financial Officer
Signature
/s/ Sarah Kim, attorney-in-fact for Mr. Shapiro
Stock symbol
OPCH
Transactions as of
Feb 22, 2023
Transactions value $
-$77,230
Form type
4
Date filed
2/24/2023, 06:53 PM
Previous filing
Feb 22, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPCH Common Stock Award $0 +17.3K +83.37% $0.00 38.1K Feb 22, 2023 Direct F1
transaction OPCH Common Stock Award $0 +78K +204.56% $0.00 116K Feb 22, 2023 Direct F2
transaction OPCH Common Stock Award $0 +63.3K +54.5% $0.00 179K Feb 22, 2023 Direct F3
transaction OPCH Common Stock Tax liability -$77.2K -2.42K -1.35% $31.90 177K Feb 23, 2023 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 OPCH Employee Stock Option (right to buy) Award $0 +31.8K $0.00 31.8K Feb 22, 2023 Common Stock 31.8K $28.86 Direct F4
transaction OPCH Employee Stock Option (right to buy) Award $0 +143K $0.00 143K Feb 22, 2023 Common Stock 143K $28.86 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units granted in this award vest as to 25% of the underlying shares of Common Stock on each of the first, second, third and fourth anniversary of the grant date.
F2 All restricted stock units granted in this award vest on February 22, 2026.
F3 Represents shares of common stock issuable under a performance-based restricted stock unit award dated February 23, 2021. On February 22, 2023, a performance-based vesting condition was achieved with respect to these shares of common stock, which remain subject to time-based vesting and will vest on February 23, 2024, assuming continuous service on the vesting date.
F4 The stock option will vest as to 25% of the underlying shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date.
F5 All stock options will vest on February 22, 2026.