Richard Scott Blackley - Dec 5, 2021 Form 4 Insider Report for Oscar Health, Inc. (OSCR)

Role
Chief Financial Officer
Signature
/s/ Allein Sabel, Attorney-in-fact
Stock symbol
OSCR
Transactions as of
Dec 5, 2021
Transactions value $
$0
Form type
4
Date filed
12/7/2021, 04:16 PM
Previous filing
Dec 3, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSCR Class A Common Stock Options Exercise +250K +5076.14% 255K Dec 5, 2021 Direct F1
transaction OSCR Class A Common Stock Sale -86.2K -33.8% 169K Dec 7, 2021 Direct F2, F3

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 OSCR Restricted Stock Units Options Exercise $0 -250K -25% $0.00 750K Dec 5, 2021 Class A Common Stock 250K Direct F1, F4
* 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 Class A common stock.
F2 The sale was effected pursuant to a Rule 10b5-1 instruction letter to satisfy the Reporting Person's tax withholding obligation upon the vesting of previously granted equity awards
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.76 to $10.045, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
F4 The restricted stock units vest with respect to 25% of the shares on December 5, 2021, and with respect to the remaining shares in 12 equal quarterly installments thereafter.