David L. Redmond - 30 Nov 2021 Form 4 Insider Report for MultiPlan Corp (CTEV)

Signature
/s/ David L. Redmond
Issuer symbol
CTEV
Transactions as of
30 Nov 2021
Net transactions value
-$85,014
Form type
4
Filing time
02 Dec 2021, 15:22:42 UTC
Previous filing
02 Nov 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPLN Class A common stock Gift $0 -500,000 -24% $0.000000 1,569,367 08 Nov 2021 Direct F1
transaction MPLN Class A common stock Gift $0 -1,332,682 -85% $0.000000 236,685 08 Nov 2021 Direct F2
transaction MPLN Class A common stock Tax liability $85,014 -21,043 -8.9% $4.04 215,642 30 Nov 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents transfers by Mr. Redmond as a bona fide gift to a family limited partnership managed by a third-party in connection with the long-term strategy for estate planning of Mr. Redmond and his family. Mr. Redmond disclaims beneficial ownership of, and has no investment control over, any securities of the issuer held in such limited partnership.
F2 Represents transfers by Mr. Redmond as a bona fide gift to a family trust administered by a third-party trustee in connection with the long-term strategy for estate planning of Mr. Redmond and his family. Mr. Redmond disclaims beneficial ownership of, and has no investment control over, any securities of the issuer held in such trust.
F3 Represents shares withheld to pay taxes applicable to vesting of restricted stock units.