Erica Palsis - 02 Mar 2023 Form 4 Insider Report for Cue Health Inc.

Role: General Counsel
Signature: /s/ Erica Palsis
Issuer symbol: N/A
Transactions as of: 02 Mar 2023
Net transactions value: -$8,301
Form type: 4
Filing time: 06 Mar 2023, 20:40:34 UTC
Previous filing: 03 Feb 2023
Next filing: 07 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLTH	Common Stock	Award	$0	+127,660	+20%	$0.000000	751,393	02 Mar 2023	Direct	F1
transaction	HLTH	Common Stock	Tax liability	$8,301	-3,934	-0.52%	$2.11^*	747,459	06 Mar 2023	Direct	F2, F3

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	HLTH	Stock Option (right to buy)	Award	$0	+255,319		$0.000000	255,319	02 Mar 2023	Common Stock	255,319	$2.08	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-sixteenth (1/16th) of the shares vest on the first Quarterly Vesting Date that is on or after June 5, 2023 and as to one-sixteenth (1/16th) of the RSUs on each Quarterly Vesting Date thereafter, subject to the reporting person providing continuous service through such date. "Quarterly Vesting Date" is the first trading day on or after each of March 5, June 5, September 5 and December 5.
F2	The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
F3	Includes 538,544 unvested RSUs.
F4	Stock option granted under the Issuer's 2021 Stock Incentive Plan and becomes exercisable on the first Quarterly Vesting Date that is on or after June 5, 2023 and as to one-sixteenth (1/16th) of the stock options on each Quarterly Vesting Date thereafter, subject to the reporting person providing continuous service through such date.