Scott J. Leffler - 25 Jan 2024 Form 4 Insider Report for CLOVER HEALTH INVESTMENTS, CORP. /DE (CLOV)

Signature
/s/ Scott J. Leffler
Issuer symbol
CLOV
Transactions as of
25 Jan 2024
Net transactions value
-$81,867
Form type
4
Filing time
29 Jan 2024, 16:10:54 UTC
Previous filing
02 Nov 2023
Next filing
29 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLOV Class A Common Stock Tax liability $81,867 -83,538 -1.7% $0.9800 4,857,303 25 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on January 25, 2024, of 6.25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on July 25, 2022, and timely reported on a Form 4 filed on July 26, 2022. The remaining RSUs vest quarterly in equal installments of 6.25%, with the final vesting date occurring on July 25, 2026, subject to the continued service of the Reporting Person on each such vesting date.