Charles Phillips Jr - 14 Oct 2022 Form 4 Insider Report for Oscar Health, Inc. (OSCR)

Role
Director
Signature
/s/ Melissa Curtin, Attorney-in-fact
Issuer symbol
OSCR
Transactions as of
14 Oct 2022
Transactions value $
$23,137
Form type
4
Filing time
18 Oct 2022, 16:14:29 UTC
Previous filing
04 Oct 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

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 Deferred Stock Unit Award $23.1K +6.57K +137.91% $3.52 11.3K 14 Oct 2022 Class A Common Stock 6.57K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents a right to receive one share of the Company's Class A common stock.
F2 The Reporting Person elected, pursuant to the Issuer's Deferred Compensation Plan for Directors, to receive deferred stock units in lieu of cash retainer payments for service on the Issuer's board of directors. The price of the deferred stock units reported herein represents the closing price of the Issuer's Class A Common Stock on October 14, 2022, which price was used to calculate the number of deferred stock units issued to the Reporting Person.
F3 The deferred stock units will be settled for cash or shares of Class A common stock, in the Issuer's discretion, within 45 days of the first to occur of (i) termination of service; (ii) a change in control; (iii) death; or (iv) disability. Deferred stock units issued in lieu of cash retainer payment are 100% vested on the grant date.