Frank J. Williams - Sep 17, 2021 Form 4 Insider Report for Evolent Health, Inc. (EVH)

Role
Executive Chairman, Director
Signature
/s/ Jonathan Weinberg, Attorney-in-fact
Stock symbol
EVH
Transactions as of
Sep 17, 2021
Transactions value $
-$487,000
Form type
4
Date filed
9/20/2021, 05:32 PM
Previous filing
Aug 19, 2021
Next filing
Oct 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVH Class A Common Stock Options Exercise $38.4K +10K +1.62% $3.84* 628K Sep 17, 2021 Direct F1, F2
transaction EVH Class A Common Stock Sale -$263K -10K -1.59% $26.27 618K Sep 17, 2021 Direct F1, F2, F3
transaction EVH Class A Common Stock Sale -$263K -10K -1.62% $26.27 608K Sep 17, 2021 Direct F1, F2, F4
holding EVH Class A Common Stock 66.1K Sep 17, 2021 See Footnote. F5

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 EVH Class A Common Stock Option (right to buy) Options Exercise $0 -10K -1.52% $0.00 649K Sep 17, 2021 Class A Common Stock 10K $3.84 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2021.
F2 Includes restricted stock units granted under awards reported on Table 1 of Form 4s previously filed with the Securities and Exchange Commission.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.01 to $26.47, inclusive. The reporting person undertakes to provide to Evolent Health, Inc., any security holder of Evolent Health, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.02 to $26.51, inclusive. The reporting person undertakes to provide to Evolent Health, Inc., any security holder of Evolent Health, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Shares held of record by the Frank Williams Irrevocable Trust. Mr. Williams serves as the Trustee of the Frank Williams Irrevocable Trust.
F6 The Class A Common Stock Options exercised vested on December 1, 2014.