Glenn R. August - May 27, 2021 Form 4 Insider Report for MultiPlan Corp (MPLN)

Role
Director
Signature
/s/ Glenn R. August
Stock symbol
MPLN
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
6/1/2021, 05:07 PM
Next filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPLN Class A common stock Award $0 +11.7K +160.74% $0.00 19K May 27, 2021 Direct F1
holding MPLN Class A common stock 3.35M May 27, 2021 See Footnotes 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 which vest on the earlier of the one-year anniversary of the grant date and the date of the next regularly scheduled annual meeting of stockholders of the issuer, subject to continued service through the vesting date; provided, however, that the restricted stock units vest pro rata based on the number of days of service provided to the issuer in the event of a voluntary resignation other than when grounds for termination for cause exist. Pursuant to the policies of Oak Hill Advisors, L.P. (the "Advisor"), the restricted stock units received by the reporting person are held for the benefit of certain clients of the Advisor.
F2 Reflects securities held by client accounts (each, an "Oak Hill Advisors Entity") advised and/or managed by the Advisor and/or its affiliates. As an advisor or manager to the Oak Hill Advisors Entities, the Advisor has the power to vote or direct the vote of, and the power to dispose or to direct the disposition of, the shares of Class A common stock owned by such entities.
F3 The Advisor and its affiliates are managed or otherwise controlled directly or indirectly by Glenn R. August, who is the Founder, Senior Partner and Chief Executive Officer of the Advisor. The interests beneficially owned by the Oak Hill Advisors Entities may be deemed to be beneficially owned by Mr. August, the Advisor and/or its affiliates. Mr. August, the Advisor and/or its affiliates disclaim beneficial ownership of shares of our Class A common stock beyond their respective pecuniary interest in the Oak Hill Advisors Entities for purposes of Section 16 under the Securities Exchange Act of 1934, as amended.