Erica Palsis - Jun 5, 2023 Form 4 Insider Report for Cue Health Inc. (HLTH)

Role
General Counsel
Signature
/s/ Erica Palsis
Stock symbol
HLTH
Transactions as of
Jun 5, 2023
Transactions value $
-$3,763
Form type
4
Date filed
6/7/2023, 08:00 PM
Previous filing
Mar 6, 2023
Next filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLTH Common Stock Award $0 +80K +10.7% $0.00 827K Jun 5, 2023 Direct F1
transaction HLTH Common Stock Tax liability -$3.76K -6.27K -0.76% $0.60 821K Jun 5, 2023 Direct F2, F3
* 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-half (1/2) of the shares vest on the first anniversary Vesting Commencement Date that is on or after June 5, 2024 and the remaining one half (1/2) of the RSUs will be scheduled to vest on the second anniversary of the Vesting Commencement Date, subject to the reporting person providing continuous service through such date.
F2 The reported shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
F3 Includes 597,140 unvested RSUs.