Nitin Kaushal - May 9, 2021 Form 4 Insider Report for VIEMED HEALTHCARE, INC. (VMD)

Role: Director
Signature: /s/ Nitin Kaushal
Stock symbol: VMD
Transactions as of: May 9, 2021
Transactions value $: -$22,509
Form type: 4
Date filed: 5/10/2021, 04:23 PM
Next filing: Aug 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VMD	Common Shares	Options Exercise		+2.35K	+2.9%		83.6K	May 9, 2021	Direct	F1
transaction	VMD	Common Shares	Disposed to Issuer	-$22.5K	-2.35K	-2.81%	$9.57	81.2K	May 9, 2021	Direct

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	VMD	Phantom Share Units	Options Exercise	$0	-2.35K	-100%	$0.00^*	0	May 9, 2021	Common Shares	2.35K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents vesting of cash-settled phantom shares granted under the Issuer's Phantom Share Unit Plan. Each phantom share is the economic equivalent of one share of the Company's common shares. The settlement of the phantom shares for cash is reported on this Form 4 as a disposition of the phantom shares being settled in exchange for the acquisition of the underlying Company common shares, and a simultaneous disposition of the underlying Company common shares to the Company for cash.
F2	Each share of phantom stock represents a right to receive the cash value of one share of the Issuer's common shares which will be determined based on the Issuer's share price on the vesting date.
F3	Represents an award granted in 2018 under the Issuer's Phantom Share Unit Plan which vests on May 9, 2021, subject to the Reporting Person's continued employment with the Issuer on such vesting date.