Michael Stuart Klein - May 27, 2021 Form 4 Insider Report for MultiPlan Corp (MPLN)

Role
Director
Signature
/s/ Michael Stuart Klein
Stock symbol
MPLN
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
6/1/2021, 05:11 PM
Next filing
Jun 14, 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 30.1M May 27, 2021 See note 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.
F2 Includes shares of Class A common stock directly held by M. Klein & Company, LLC and Churchill Sponsor III, LLC.
F3 The Reporting Person has a minority interest in M. Klein & Company, LLC, and is the sole stockholder of M. Klein Associates, Inc., which is the managing member of Churchill Sponsor III, LLC. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of any securities reported herein. The Reporting Person disclaims beneficial ownership of any securities of the Issuer except to the extent of the Reporting Person's pecuniary interest therein.