Lee Bienstock - Oct 16, 2023 Form 4 Insider Report for DocGo Inc. (DCGO)

Signature
/s/ Ely Tendler, as Attorney-in-fact for Lee Bienstock
Stock symbol
DCGO
Transactions as of
Oct 16, 2023
Transactions value $
-$9,819
Form type
4
Date filed
10/17/2023, 05:31 PM
Previous filing
Sep 19, 2023
Next filing
Dec 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DCGO Common Stock Sale -$9.82K -1.67K -0.55% $5.89 299K Oct 16, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 17, 2023.
F2 Reflects (i) 110,140 restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Stock Incentive Plan (the "Plan"), vesting in three equal installments on each of March 28, 2024, March 28, 2025 and March 28, 2026, and (ii) 121,951 RSUs granted pursuant to the Plan, vesting in four equal annual installments on each of the first four anniversaries of May 12, 2023, in each case subject to the terms of the Plan. Each RSU represents the right to receive, upon vesting, one share of Common Stock.