Jamie L. Reynoso - Jun 30, 2024 Form 4 Insider Report for CLOVER HEALTH INVESTMENTS, CORP. /DE (CLOV)

Role: CEO, Medicare Advantage
Signature: /s/Peter J. Rivas as attorney-in-fact for Jamie L. Reynoso
Stock symbol: CLOV
Transactions as of: Jun 30, 2024
Transactions value $: -$65,149
Form type: 4
Date filed: 7/2/2024, 04:27 PM
Previous filing: Jun 18, 2024
Next filing: Jul 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLOV	Class A Common Stock	Award	$0	+218K	+8.84%	$0.00	2.68M	Jun 30, 2024	Direct	F1
transaction	CLOV	Class A Common Stock	Tax liability	-$65.1K	-53K	-1.98%	$1.23	2.62M	Jun 30, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units, each representing a right to a share of Class A Common Stock, earned in connection with the determination of the level of performance achievement in satisfaction of vesting conditions underlying a performance-based restricted share unit grant awarded on March 16, 2023. One-third of the number of earned restricted stock units vested and were settled on June 30, 2024, and the remaining one-third of the restricted stock units will vest on June 30, 2025, subject to the Reporting Person's continued employment on such vesting date.
F2	Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations due to the vesting of 1/3 of the number of earned restricted stock units, as described above.

Content

Represents restricted stock units, each representing a right to a share of Class A Common Stock, earned in connection with the determination of the level of performance achievement in satisfaction of vesting conditions underlying a performance-based restricted share unit grant awarded on March 16, 2023. One-third of the number of earned restricted stock units vested and were settled on June 30, 2024, and the remaining one-third of the restricted stock units will vest on June 30, 2025, subject to the Reporting Person's continued employment on such vesting date.

Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations due to the vesting of 1/3 of the number of earned restricted stock units, as described above.