Ayub Khattak - Mar 2, 2023 Form 4 Insider Report for Cue Health Inc. (HLTH)

Role
President and CEO, Director
Signature
/s/ Erica Palsis, Attorney-in-Fact for Ayub Khattak
Stock symbol
HLTH
Transactions as of
Mar 2, 2023
Transactions value $
-$22,195
Form type
4
Date filed
3/6/2023, 08:43 PM
Previous filing
Dec 29, 2022
Next filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLTH Common Stock Tax liability -$22.2K -10.5K -0.09% $2.11* 12M Mar 6, 2023 Direct F1, F2

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 +809K $0.00 809K Mar 2, 2023 Common Stock 809K $2.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units ("RSUs").
F2 Includes 985,615 unvested RSUs.
F3 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 6, 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. "Quarterly Vesting Date" is the first trading day on or after each of March 5, June 5, September 5 and December 5.

Remarks:

Exhibit 24 - Power of Attorney