Alberto de Solo - 08 Jun 2023 Form 4 Insider Report for CareMax, Inc.

Reporting relationship: EVP and COO
Issuer ticker: N/A
Reported as of: 08 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 12 Jun 2023, 20:06:52 UTC
Prior SEC filing: 16 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Meredith Longsworth, Esq., as Attorney-in-Fact for Alberto de Solo

Key filing fact

Alberto de Solo filed Form 4 for CareMax, Inc. on 12 Jun 2023.

Key facts

This page summarizes Alberto de Solo's Form 4 filing for CareMax, Inc..
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 12 Jun 2023, 20:06.

Change

Previous filing in this sequence was filed on 16 May 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CMAX transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +6,300
Change %: +29%
Price
Shares after: 27,708
Date: 08 Jun 2023
Ownership: Direct
Footnotes: F1

CMAX holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,894,429
Date: 08 Jun 2023
Ownership: C.G.D. Investment Group
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CMAX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -6,300
Change %: -50%
Price: $0.000000
Shares after: 6,300
Date: 08 Jun 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 6,300
Exercise price: $0.000000
Footnotes: F3

CMAX transaction Derivative

Performance Stock Units

Award

Transaction value: $0
Shares: +47,250
Change %
Price: $0.000000
Shares after: 47,250
Date: 08 Jun 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 47,250
Exercise price: $0.000000
Footnotes: F4

CMAX transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +94,500
Change %
Price: $0.000000
Shares after: 94,500
Date: 08 Jun 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 94,500
Exercise price: $0.000000
Footnotes: F5

CMAX transaction Derivative

Stock Option (Employee Right to Buy)

Award

Transaction value: $0
Shares: +94,500
Change %
Price: $0.000000
Shares after: 94,500
Date: 08 Jun 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 94,500
Exercise price: $3.72
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

On June 8, 2023, the reporting person received shares of the issuer's Class A common stock ("Common Stock") in settlement of restricted stock units, which vested on June 8, 2023.

Footnote F2

The reported securities are held by C.G.D. Investment Group ("C.G.D."). Mr. de Solo beneficially owns the reported securities owned by C.G.D.

Footnote F3

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock in accordance with the issuer's 2021 Long-Term Incentive Plan (the "Plan"). On October 29, 2021, the reporting person was granted 18,900 RSUs, vesting in three equal installments on October 29, 2022, June 8, 2023, and June 8, 2024.

Footnote F4

Each performance stock unit ("PSU") represents a contingent right to receive one share Common Stock in accordance with the Plan. The PSUs vest based on the volume weighted average price (the "VWAP") of the Common Stock during the thirty trading days prior to June 8, 2025 (the "Measurement Period"). The number of PSUs listed is the base number of PSUs that may vest. The actual number of PSUs that will vest will be between zero and two times the base number of PSUs depending on the VWAP of the Common Stock during the Measurement Period.

Footnote F5

Each RSU represents a contingent right to receive one share of Common Stock in accordance with the Plan. The RSUs will vest in three equal installments on June 8, 2024, June 8, 2025 and June 8, 2026.

Footnote F6

Each stock option represents a contingent right to receive, upon the exercise of a vested stock option, one share of Common Stock in accordance with the Plan. The stock options will vest in three equal installments on June 8, 2024, June 8, 2025 and June 8, 2026.