Parth Mehrotra - Sep 23, 2022 Form 4 Insider Report for Privia Health Group, Inc. (PRVA)

Signature
/s/ Thomas Bartrum, as attorney-in-fact
Stock symbol
PRVA
Transactions as of
Sep 23, 2022
Transactions value $
-$9,019,511
Form type
4
Date filed
9/27/2022, 04:10 PM
Previous filing
Sep 23, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRVA Common Stock, $0.01 par value per share Options Exercise $560K +280K +287.32% $2.00* 377K Sep 23, 2022 Direct
transaction PRVA Common Stock, $0.01 par value per share Sale -$5.66M -166K -44.03% $34.07 211K Sep 23, 2022 Direct F1, F2
transaction PRVA Common Stock, $0.01 par value per share Sale -$3.92M -114K -53.87% $34.47 97.4K Sep 23, 2022 Direct F1, 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 PRVA Stock Option (Right to Purchase) Options Exercise $0 -280K -31.6% $0.00 606K Sep 23, 2022 Common Stock 280K $2.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2022.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.37 to $34.36 per share. The reporting person undertakes to provide to Privia Health Group, Inc., any security holder of Privia Health Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.37 to $34.72 per share. The reporting person undertakes to provide to Privia Health Group, Inc., any security holder of Privia Health Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4 Reflects stock options to purchase shares of common stock of the Issuer under the Plan. Prior to the transactions reported in this Form 4, 611,918 of the stock options are fully vested and exercisable. 273,559 of the stock options will vest on October 29, 2022.