Michael H. Shapiro - Feb 17, 2024 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 17, 2024
Transactions value $
-$40,139
Form type
4
Date filed
2/21/2024, 09:55 PM
Previous filing
Feb 24, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPCH Common Stock Options Exercise $0 +3.65K +2.06% $0.00 181K Feb 17, 2024 Direct
transaction OPCH Common Stock Tax liability -$40.1K -1.18K -0.66% $33.93 179K Feb 17, 2024 Direct
transaction OPCH Common Stock Award $0 +58.4K +32.57% $0.00 238K Feb 20, 2024 Direct F1
transaction OPCH Common Stock Award $0 +35.9K +15.09% $0.00 274K Feb 20, 2024 Direct F2

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 Restricted Stock Unit Options Exercise $0 -3.65K -33.33% $0.00 7.3K Feb 17, 2024 Common Stock 3.65K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issuable under a performance-based restricted stock unit award dated February 17, 2022. On February 20, 2024, 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 17, 2025, assuming continuous service on the vesting date.
F2 The restricted stock units granted in this award vest as to one third of the underlying shares of common stock on each of the first, second, and third anniversary of the grant date.
F3 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F4 All 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 anniversaries of the grant date.