Mark D. Kent - 28 Jun 2024 Form 4 Insider Report for Cano Health, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Jul 2024, 16:24:26 UTC
Prior SEC filing
14 Jul 2023
Next SEC filing
20 May 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David J. Armstrong, Attorney-in-Fact

Key filing fact

Mark D. Kent filed Form 4 for Cano Health, Inc. on 02 Jul 2024.

Key facts

  • This page summarizes Mark D. Kent's Form 4 filing for Cano Health, Inc..
  • 7 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 02 Jul 2024, 16:24.

Change

  • Previous filing in this sequence was filed on 14 Jul 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.

CANO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-15,296
Change %
-100%
Price
Shares after
0
Date
28 Jun 2024
Ownership
Direct
Footnotes
F1, F2
CANO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-45,995
Change %
-100%
Price
Shares after
0
Date
28 Jun 2024
Ownership
See Footnote
Footnotes
F1, F2, F3
CANO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-23,609
Change %
-100%
Price
Shares after
0
Date
28 Jun 2024
Ownership
See Footnote
Footnotes
F1, F2, F4
CANO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-23,609
Change %
-100%
Price
Shares after
0
Date
28 Jun 2024
Ownership
See Footnote
Footnotes
F1, F2, F5
CANO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-1,749
Change %
-100%
Price
Shares after
0
Date
28 Jun 2024
Ownership
See Footnote
Footnotes
F1, F2, F6
CANO transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-1,749
Change %
-100%
Price
Shares after
0
Date
28 Jun 2024
Ownership
See Footnote
Footnotes
F1, F2, F7

Reported derivative securities

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

CANO transaction Derivative

New Warrants

Award

Transaction value
Shares
+94,416
Change %
Price
Shares after
94,416
Date
28 Jun 2024
Ownership
See Footnote
Underlying class
New Common Stock
Underlying amount
94,416
Exercise price
$25.30
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Beginning on February 4, 2024, the Issuer and certain of its direct and indirect subsidiaries (together with the Issuer, the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"), seeking relief under Chapter 11 of Title 11 of the United States Code. On June 28, 2024, the Bankruptcy Court entered an order confirming the Debtors' Fourth Amended Joint Chapter 11 Plan of Reorganization of Cano Health, Inc. and its Affiliated Debtors (the "Plan"), and on June 28, 2024 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. On the Effective Date, all outstanding shares of Class A Common Stock of the Issuer (the "Old Common Stock") and warrants, each exercisable for shares of Old Common Stock, were cancelled pursuant to the Plan.

Footnote F2

Reflects the Issuer's 1-for-100 reverse stock split effective as of November 2, 2023.

Footnote F3

These securities are owned directly by Total Health Medical Centers, LLC, which is wholly owned by the reporting person.

Footnote F4

These securities are owned directly by Care Management Resources, LLC, which is wholly owned by the reporting person.

Footnote F5

These securities are owned directly by Procare Medical Management, LLC, which is wholly owned by the reporting person.

Footnote F6

These securities are owned directly by Your Partners in Health, LLC, which is wholly owned by the reporting person.

Footnote F7

These securities are owned directly by Your Partners in Health I, LLC, which is wholly owned by the reporting person.

Footnote F8

Pursuant to the Plan, on the Effective Date, the reporting person received warrants, each exercisable for one share of new common stock of the Issuer (the "New Warrants"). The New Warrants were received for no consideration and are owned directly by Nest Egg Trust LTD, which is wholly owned by the reporting person.

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