Victoria Baltrus - 01 Mar 2023 Form 4 Insider Report for Oscar Health, Inc. (OSCR)

Role
Chief Accounting Officer
Signature
/s/ Melissa Curtin, Attorney-in-fact
Issuer symbol
OSCR
Transactions as of
01 Mar 2023
Net transactions value
-$16,532
Form type
4
Filing time
03 Mar 2023, 15:11:40 UTC
Previous filing
05 Dec 2022
Next filing
03 Apr 2023
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 +4,121 +20% 24,794 01 Mar 2023 Direct F1
transaction OSCR Class A Common Stock Options Exercise +4,811 +19% 29,605 01 Mar 2023 Direct F1
transaction OSCR Class A Common Stock Sale $16,532 -3,480 -12% $4.75 26,125 02 Mar 2023 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 OSCR Restricted Stock Units Options Exercise $0 -4,121 -11% $0.000000 32,962 01 Mar 2023 Class A Common Stock 4,121 Direct F1, F3
transaction OSCR Restricted Stock Units Options Exercise $0 -4,811 -9.1% $0.000000 48,108 01 Mar 2023 Class A Common Stock 4,811 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 restricted stock units vest in twelve equal quarterly installments beginning on June 1, 2022. Prior Forms 4 inadvertently reported an incorrect vesting schedule, which is corrected in this footnote.
F4 The restricted stock units vested with respect to 25% of the shares on September 1, 2022, and will vest with respect to the remaining shares in 12 equal quarterly installments thereafter.