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

Role
EVP & Chief Financial Officer
Signature
/s/ David L. Redmond
Stock symbol
MPLN
Transactions as of
Nov 30, 2021
Transactions value $
-$85,014
Form type
4
Date filed
12/2/2021, 03:22 PM
Previous filing
Nov 2, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPLN Class A common stock Gift $0 -500K -24.16% $0.00 1.57M Nov 8, 2021 Direct F1
transaction MPLN Class A common stock Gift $0 -1.33M -84.92% $0.00 237K Nov 8, 2021 Direct F2
transaction MPLN Class A common stock Tax liability -$85K -21K -8.89% $4.04 216K Nov 30, 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.