JOHN M. SPARBY - 16 Feb 2023 Form 4 Insider Report for R1 RCM Inc. /DE

Role
President
Signature
/s/ E. Terry Platis, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
16 Feb 2023
Net transactions value
-$764,706
Form type
4
Filing time
21 Feb 2023, 19:55:43 UTC
Previous filing
23 Aug 2022
Next filing
05 Apr 2023
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 +143,486 +116% $0.000000 267,258 16 Feb 2023 Direct F1
transaction RCM Common Stock Tax liability $764,706 -52,485 -20% $14.57 214,773 16 Feb 2023 Direct
holding RCM Common Stock 10,000 16 Feb 2023 By children's grantor retained annuity trust F2
holding RCM Common Stock 30,046 16 Feb 2023 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 July 31, 2020. 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, 2022.
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 R1 RCM Inc. securities held by the trust with his former spouse, who is the trustee of the trust.