JOHN M. SPARBY - 17 Feb 2022 Form 4 Insider Report for R1 RCM INC. (RCM)

Role
Chief Operating Officer
Signature
/s/ E. Terry Platis, Attorney-in-Fact
Issuer symbol
RCM
Transactions as of
17 Feb 2022
Net transactions value
-$904,048
Form type
4
Filing time
22 Feb 2022, 18:52:23 UTC
Previous filing
04 Jan 2022
Next filing
23 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCM Common Stock Award $0 +86,712 +58% $0.000000 236,977 17 Feb 2022 Direct F1
transaction RCM Common Stock Tax liability $904,048 -35,061 -15% $25.78* 201,916 17 Feb 2022 Direct
holding RCM Common Stock 10,000 17 Feb 2022 By childrens' grantor retained annuity trust F2
holding RCM Common Stock 30,046 17 Feb 2022 By family grantor retained annuity trust F3
* 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 received upon settlement of performance-based restricted stock units ("PBRSUs"), which were granted on May 1, 2019. Pursuant to the award agreement, the PBRSUs were subject to both a time-based vesting condition and performance-based vesting conditions based on cumulative adjusted EBITDA and end-to-end revenue cycle management agreement growth as defined in the award agreement. The time-based vesting condition was fully satisfied on December 31, 2021.
F2 These shares of common stock are held in a grantor retained annuity trust for the benefit of the reporting person and his two children. The reporting person's former spouse is the trustee of the trust.
F3 These shares of common stock are held in a grantor retained annuity trust for the benefit of the reporting person and his nieces and nephews. The reporting person shares investment control over issuer securities held by the trust with his former spouse, who is the trustee of the trust.