Clint Sever - 02 Mar 2023 Form 4 Insider Report for Cue Health Inc.

Role
Chief Product Officer
Signature
/s/ Erica Palsis, Attorney-in-Fact for Clint Sever
Issuer symbol
N/A
Transactions as of
02 Mar 2023
Net transactions value
-$18,454
Form type
4
Filing time
06 Mar 2023, 20:41:22 UTC
Previous filing
29 Dec 2022
Next filing
27 Mar 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 +148,936 +3.8% $0.000000 4,063,835 02 Mar 2023 Direct F1
transaction HLTH Common Stock Tax liability $18,454 -8,746 -0.22% $2.11* 4,055,089 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 +297,872 $0.000000 297,872 02 Mar 2023 Common Stock 297,872 $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 955,349 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.

Remarks:

Exhibit 24 - Power of Attorney