Richard Scott Blackley - 05 Jun 2022 Form 4 Insider Report for Oscar Health, Inc. (OSCR)

Role: Chief Financial Officer
Signature: /s/ Melissa Curtin, Attorney-in-fact
Issuer symbol: OSCR
Transactions as of: 05 Jun 2022
Net transactions value: -$98,002
Form type: 4
Filing time: 07 Jun 2022, 16:10:02 UTC
Previous filing: 03 Jun 2022
Next filing: 06 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OSCR	Class A Common Stock	Options Exercise		+62,500	+28%		283,853	05 Jun 2022	Direct	F1
transaction	OSCR	Class A Common Stock	Sale	$98,002	-19,546	-6.9%	$5.01	264,307	06 Jun 2022	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	-62,500	-9.1%	$0.000000	625,000	05 Jun 2022	Class A Common Stock	62,500		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 $5.01 to $5.09, 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 vests with respect to 25% of the shares on December 5, 2021, and with respect to the remaining shares in 12 equal quarterly installments thereafter.